Ringtones for iPhone

Steve Jobs has announced at Apples “The Beat Goes On” event which is taking place today there will be a custom ringtones builder for the iPhone in the new version of iTunes, which should be available tonight I believe, ringtone service will be turned on next week. When an iPhone is docked a Ringtones tab will pop up. It will cost 99¢ to make a ringtone from one of 500,000 songs on iTunes, there are more than 6 million songs on iTunes but only 500,000 are participating with the ringtone feature. You can pick up to 30 seconds of a song and make fade ins, fade outs and create the ringtone before you buy the ringtone.