It makes it criminally easy to make ringtones out of mp3s. Basically you load up a song and just click and drag to create a box on the section of the song you want then adjust the edges of the box to get exactly what you want.
I have downloaded ringtones which I see are saved in my music app and can save them to contacts. The problem I'm having is saving certain ringtones as notification alerts like text messages and voicemail. They dont show up just the phone supplied ones. Is the a way around this?