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Is this what you bought?http://www.bestbuy.com/site/olspage.jsp?skuId=8426429&st=Sony+Acid+Pro&type=product&id=1181832626529
It does have audio recording and editing tools so it can do the job. It may have been the best thing available at BB. For that price it is a good value. If you bought Acid Pro, then maybe you bit off too much, but it will still do your job. I don't think they sell Pro at BB.
Anyway, it's the steep learning curve that is annoying you, not whether Acid can do the job.
Audacity might be a lot easier for you to use to record and edit your tracks, and since it's free, no harm to load it up and see how it goes.
Acid is pretty cool, but it is primarily geared for jamming on the computer, mixing sampled sounds, time and pitch shifting, midi, virtual synths, etc. A powerful computer music composition and improv tool, with some provision for recording your own samples and editing them for use in the synths.
When it comes to recording live music, editing, mastering, it won't be as powerful or flexible or intuitive to use as software designed primarily for audio. But it is plenty enough for what you're doing. Maybe get a MIDI keyboard and start jammin!?
If you can deaden your recording space as much as possible, then you can add reverb back in afterward to make a cleaner, clearer sounding narration. It will sound horrible when first recorded with no ambience, but the synthesized reverb you add afterward (in the mix) is infinitely adjustable and gives a better result than the random and unchangeable echoes in your house. Even just piling pillows around the mic and a comforter behind you is something to try to kill reflections. You will find topics like reverb, echo, EQ under "Audio Effects" in your online help file. You can learn it easily if you take your time and keep it fun!Rich