How I Use It
My students wrote a script for a podcast where they interviewed a character from the novel we were reading in class. They used audacity to record their podcast, and then used the tools to modify the response portion of the podcast to make it sound like there were 2 people having a conversation. We shared them on our LMS and the kids LOVED listening to each other. They had specific things they had to address in their podcast, and they liked that they could write it and then say it. Of course, many students kept re-recording because they didn't like hearing their voice (who does, really?), but they got it done. I liked that they could download it as an .MP3 to submit it so we didn't have to go into audacity to hear it. We were also able to add some free use audio/music to the project as well; it's easy to add!
As a teaching tool, I can see how teachers who are interested in flipped learning could use this to do voice over work. As far as using it in the classroom with students, it gives them a lot of freedom to choose how to they want their audio to work/sound/flow. No suggestions at this time in terms of serving kids/teachers better, as far as audio recording goes, it's pretty good!