Yes and no. Given that it is free, Audacity is considered an excellent audio editing software. Audacity is the software for you if you need to perform basic tasks like removing a section of the track, changing file formats, editing your podcast, or recording voiceovers. It is also a great starting point in the world of audio editing. However, if you plan to produce a song to upload online for millions of people to listen to, or use it to launch your music production career, then, unfortunately, Audacity isn't the program for you as it hasn't reached the level of other more advanced software or DAWs that can help you achieve your music production goals.