I would have a look at Audacity
http://audacity.sourceforge.net/about/features
If you encode each track as an MP3 file then you can import each track to Audacity. Im not sure how the tracks will lineup once in audacity. You need to folow the instruction to load the Lame Encoder for audacity. You will have to use windows media player or some other player/converter that can convert your tracks from wav to mp3. The lowest resolution you may want to compress to is 128Kbs.
Audacity is free so you can't lose in trying it.
Good Luck!


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