Last freeware version: http://www.xup.in/dl...e_I_final_2.6.0.zip/
Thanks folks, this one took care of it just fine (and on Win7 x64). Only hiccup was that converting from .wav to .aac directly destroyed the file (without error). But converting from .wav to .mp3 then to .aac worked fine.
So now when my phone rings, it sounds like (I think it should) a phone ringing
not a spaceship, symphony, TV commercial, or zoo trip.
I even created a silent ringtone that I can assign to "Special" people that I wish to auto-magically ignore (hehe).