Another iPhone music app?  Nope!  I'm putting down my iPhone for a minute. 

MeTeoR, the multi-tracker recorder for Windows Mobile (yep, Pocket PC!) has been updated to version 1.1. The program features up to 12 tracks of audio, a built in mixer, and multi-effects processor.

The application is much like an old version of Cakewalk, only squished into a tiny screen in your pocket. I could see it as fairly useful for doing some quick processing or pre-processing on small projects as you drive down the freeway.

MeTeoR includes a fully featured sound editor allowing recordings to be trimmed or spliced together. You can apply various effects to your recordings either directly, as part of the recording process or in real time during playback. Editor features include cut, copy, paste, fade in/out. clear, reverse, gain, normalize, remove dc offset, time stretch and apply effect. Effects include digital delay, chorus, reverb, phaser, tremolo, graphic equalizer, filter factory, pitch shifter, tone boost and noise gate. 

Features Include:

• 12 simultaneous CD quality tracks
• Multi-Effects Processor
• Integrated 12 channel Mixer
• Integrated Sample Editor
• Aux Send Effects
• Insert and Record Insert Effects
• Mixer and Effect Automation
• Metronome
• Mixdown / Bounce Facility
• Landscape Mode
• Import from WAV format
• Export to MP3 and WAV format
• Supports SD/CF Cards (recommended).
• Auto Calibration Feature
• Memory Speed Test Feature

The full program costs $29.95, but there's a free trial available.