Ever since I started using 5.5 on Windows 7, my microphone level (Sound Control Panel) resets to volume level 12 EVERY time I click the red record button from with Captivate. As a workaround, I keep the Sound Control Panel in the backround and go to it after EVERY slide (I'm recording slide by slide) and then I select Recording > Microphone > Properties > Advanced and select a new channel (DVD or CD Quality) and then click Apply. I have turned off the check boxes labeled "Allow applications to take exclusive control of this device." This is the ONLY workaround I have found that works. I have fiddled with all Control Panel settings and Captivate Preferences to NO AVAIL.
THERE MUST BE A SOLUTION! This is driving me BONKERS.
I know this is a compatibility issue between Captivate and Windows 7, because my other recording programs (such as Articulate) do NOT have this problem when recording AUDIO.