Scott Hanselman and Rutger Smit, improved and re-released the original WatirMaker with new name WatirRecorder++. Its a Windows Application that compiles and runs on .NET version 1.1. So to run this recorder you need to have .NET framework 1.1 installed on your machine. Upgraded version for .NET platform 2.0 will be released soon by the authors.

You can download the tool here.
http://www.hanselman.com/blog/content/binary/WatirRecorder_Setup_lite.msi

The HTML Elements that are currently supported include:

button	<input> tags with type=button, submit, image or reset
radio	<input> tags with the type=radio; known as radio buttons
check_box	<input> tags with type=checkbox
text_field	<input> tags with the type=text (single-line), type=textarea (multi-line), and type=password
hidden	<input> tags with type=hidden
select_list	<select> tags, known as drop-downs or drop-down lists
label	<label> tags (including "for" attribute)
span	<span> tags
div	<div> tags
p	<p> (paragraph) tags
link	<a> (anchor) tags
table	<table> tags, including row and cell methods for accessing nested elements.
image	<img> tags
form	<form> tags
frame	frames, including both the <frame> elements and the corresponding pages.
map	<map> tags
area	<area> tags
li	<li> tags

:id	Used to find an element that has an "id=" attribute. Since each id should be unique, according to the XHTML specification, this is recommended as the most reliable method to find an object. *
:name	Used to find an element that has a "name=" attribute. This is useful for older versions of HTML, but "name" is deprecated in XHTML. *
:value	Used to find a text field with a given default value, or a button with a given caption, or a text field
:text	Used for links, spans, divs and other element that contain text.
:index	Used to find the nth element of the specified type on a page. For example, button(:index, 2) finds the second button. Current versions of WATIR use 1-based indexing, but future versions will use 0-based indexing.
:class	Used for an element that has a "class=" attribute.
:title	Used for an element that has a "title=" attribute.
:xpath	Finds the item using xpath query.
:method	Used only for forms, the method attribute of a form is either GET or POST.
:action	Used only for form elements, specifies the URL where the form is to be submitted.
:href	Used to identify a link by its "href=" attribute.
:src	Used to identify an image by its URL.

* :id and :name are the quickest of these to process, and so should be used when possible to speed up scrīpts.

Supported Methods by Element