Yes, by tricking the stupid windows recorder.
First Record a Junk file for 60 seconds, when 60 seconds
get over, press the record button again and it will
continue recording after 60 seconds. Repeat this till you
generate a junk file for the desired length.
Now save that file mytemplate.wav.
Make a copy of that mytemplate.wav and open it with
windows sound recorder. Now you can re-record on it and it
will record for the whatever the length of this
mytemplate.wav is. After you are done recording, you may
want to use the "edit->delete after current position"
Hope this helps.