If I remember correctly, it's a plugin to allow you to use voice over for speech output (Yeah, I know, new concept) but in this case, it's supposed to make it more usable for things like self-voicing text you want inserted into a podcast, or playlists or something similar. Not sure why there's need for a separate plugin, perhaps it redirects voiceover into the output stream as otherwise, youu'd need to capture the system sound instead of just the application you're recording from.

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