Audio recording is easy, just start your sound recorder anytime (Start/All Programs/Accessories/Entertainment menu) and you get a LARGE wav file. If you want MP3 or other solutions check these lists, the free one is
PrettyMay
PrettyMay is another voice recording add-on popular among Skype users. PrettyMay is absolutely free though the maximum recording time is limited to 30 minutes. PrettyMay can record both Skype incoming calls and outgoing calls in either .wav or .mp3 audio formats. [Free] [Download]
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More technical tips for recording conversations
Yay! I spoke with Catherine a few minutes ago. She sounds fine.