Now Create iPhone Ringtones Yourself

You can create iPhone ringtones from over 500,000 songs on the iTunes Store. You can even pick the section of the song you want. Just choose a track with a ringtone symbol, then get creative. You can edit, loop, fade in and out, preview, and play around until your ringtone is just the way you want it. And each ringtone is only 99¢ plus the cost of the song.

Courtesy: Apple.com