Ed.-Yes. Exactly. Hit REC twice, it stops the first recording, saves it and automatically starts the second recording.
rdvdijk-The "tape flip" took a total of five seconds. However, you bring up a good point about the length of the file. I only ran about a minute of signal for my first file before I tried this. Perhaps it will take longer with a larger file. I have to leave for the day, so hopefully someone else can give it a try, or I can try again tonight.