I've messed around with this. I connected the USB to my laptop and attempted to record through Audacity.
Whilst the quality isn't great and there is alot of white noise for lack of a better term, I did manage to record multiple tracks through and edit them through Audacity. That's mainly while writing heavy music, I imagine you'd be able to create an alright track through clean tones etc.
I've since got Reaper software but yet to give it a real go.
If anyone knows of anyway to kill the dead noise (maybe a suppressor or something?) I'd love to know.