Bremmers Audio Design MultitrackStudio is small and simple to use application for recording and mixing purposes.

MultitrackStudio is audio/MIDI multitrack recording software for Windows.
It combines a multitrack recorder, a mixer, lots of effects and a MIDI sequencer in one package: everything that’s needed to turn your computer into a digital multitrack music recording studio. Audio tracks can be recorded while playing along with previously recorded ones. Both audio and MIDI tracks can be edited to get rid of any mistakes. The MIDI editing features include pianoroll, notation, drum and pattern editing.