Story Corps is a national project to record hour-long oral histories of average people. All of the interviews will be archived in the American Folklife Center at the Library of Congress. The site tells you how to record a story at home, or you can visit a Story Corps booth at one of their locations.
They're in Atlanta right now, but they will be in Raliegh on April 6th. What a cool project! Grab someone you love with a story to tell and get them recorded.