Video2mp3 allows you to convert and download YouTube videos to MP3 file online. So you are able to listen to your favorite YouTube tracks on every MP3 player.
Available also as Firefox and Google Chrome Extensions: it adds links to convert and download Youtube, MyVideo, Clipfish, Sevenload, Dailymotion, MySpace videos as MP3 files.
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I like http://www.freeyoutubetomp3converter.org/ better. It's faster and I like the quality of the mp3
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