Here's a guide on how to record wet and dry signals using a POD X3.

Please watch the video in HD and at full screen size so you can see what's going on.

LINKS:

Video

http://www.reaper.fm/

http://www.free-codecs.com/download/Lame_Encoder.htm Download the zip file, then just extract the lame_enc.dll file and save it to C:\Program Files\REAPER and restart REAPER.