Yes. It comes in various configurations, with and without external hardware. My system has a couple racks of external I/Os and sync units, but you can download a software only version of the editing program for FREE (!) at www.digidesign.com. It's called "ProTools Free" and provides 8 tracks, and outputs in stereo through the Mac's internal sound facilities. It's under 'downloads' and is available for Macs and PCs. ProTools is the de facto standard in the music recording and motion picture industries.

[This message has been edited by soundhound (edited October 29, 2002).]