CastRipper is a stream ripper which will record SHOUTcast and Icecast streams for you. With this program you just need 2 steps to rip your favorite musics from the internet.

CastRipper is a free Stream Ripper/Grabber (not direct sound recording program), which makes it easy to download SHOUTcast and Icecast streams.

And it separates the received stream into individual songs automatically. CastRipper has a winner interface, you will find it very easy to navigate.