Die MP3t

DietMP3 can significantly reduce or "diet" (30% - 70%) the size of an
original MP3 file while retaining almost all of the music quality. This
allows you to put more songs onto a CD-R or CD-RW when burning your own
discs.

DietMP3 Feature List
Diet (compress) MP3 files and Audio CDs.
Reduce 30% to 70% MP3 file size and keep most of the music quality.
Extract CD Audio tracks to MP3 format in the quality you want.
Let
your portable MP3 players, MP3 mobile phone and MP3 Palm can hold more
songs without purchasing & install additional flash memory card.
Auto New Version Check Function, you will never miss any new version.
Fast and stable, the best one in the internet.
Shareware Limitation:
Unregistered
version can only "diet" 15 MP3 files. Registered Version can "diet"
unlimited MP3 files and free upgrade to full function version in future
versions.
DietMP3 System Requirement
Windows 98/ME/2000/XP with 32M RAM, 10M HD

Download:
http://rapidshare.com/files/19191881/Diet_MP3.rar