Lord no. For some mysterious reason, Apple took out much of the podcasting functionality found in Garageband 5-6.x and doubled-down on the music capabilities. From what I hear, it is wonderful for musicians, but from learning the hard way (i.e., hours of wasted time) it sucks big-time for podcasters. Do not upgrade. If you do, you can still run both versions (Google it, not sure how exactly), but do your podcasting on the earlier version.