You can try to record with other direct sound recording software.


As for Audacity if you're trying to record the Wave-Out Mix inside Audacity then you've probably got a feedback loop. That would explain the weird noise and loud static that blows out your ears.

You can
1. Mute the record track output (i.e. the one that you're recording the Wave-Out Mix to) so it is not included into the Wave-Out Mix. There will be no feedback loop anymore.

or

2. Export everything as MP3, OGG or WAV.