Sure - my setup is cheap as fuck. They make Sonic Foundry Acid 4.0 or 5.0 that you can download and get a crack for, but I'm too lazy for that.
I have Sonic Foundry Acid 2.0. Install the program. Either download instrumentals online, convert them from .mp3 to .wav and paste it onto the Acid program; or go to a site like
www.theheadlesshorsemen.com and download loops, then just paste the loop. There's your beat.
Then plug a computer into your microphone <--- can you believe I said that, I'm stoned as fuck. -- Plug a MICROPHONE into your COMPUTER (okay, that's better).
Click the red button on Acid to record - the beat should be playing while you record. Speak into the microphone (I used a computer mic, its about an inch long - really shitty). When you're done, hit stop.
Do whatever you need to fuck around with the volumes on all the different voice overs and shit, move stuff around, etc.
Go to File --> Save as. Then instead of saving it as .acd, save it as .mp3 or .wav.
Get a filesharing site like
www.soundclick.com or
www.myspace.com.
Upload your song.
Share to the community.
I'm goign to go smoke more.