Back at RealPlayer, it seems (I could be undcerstanding it wrong) that only Real Player PLUS will allow saves, and only if the site produicing the material has saved it with that option.

Here is an excerpt of the article I found by searching:

How do I save RealAudio or RealMedia files to my computer to listen to them later with RealPlayer?

This article applies to:

-RealPlayer G2

-RealPlayer 7

-RealPlayer 8

The RealAudio (.ra) and RealMedia (.rm) file formats are designed to distribute high quality presentations while protecting the copyrights of the content providers. The content provider may choose to let you download the file to your computer instead of streaming it, or let you record the file as it streams to your computer.

If the Web site is linked directly to the RealAudio or RealMedia files, you may be able to save the file directly from your Web browser. If the provider enabled that option when the content was created, you may be able to record the audio from the file with RealPlayer Plus.

Saving or recording RealAudio or RealMedia files may violate the copyrights of the content providers. The organization serving the content may not want to or cannot lawfully allow audio or video files to be recorded. If you do not know if the organization intended the content to be saved or recorded you should contact the Webmaster of the site hosting the content.

Note: There is currently no way to save RealAudio or RealMedia presentations that are embedded in Web pages.