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This is a very cool that allows you to easily interface your guitar or microphone directly into your iphone/ipad/ipod and use some of the hundreds of available recording apps. It even provides phantom power for condenser mics. This is an awesome product, and at only $79.95
TASCAM’s pocket-sized iXZ turns your iPhone, iPad or iPod Touch into a recording studio. Plug in a microphone, guitar or bass to interact with the latest guitar amp, sampling, recording and DJ apps. The iXZ even supplies phantom power for condenser microphones. An input setting sets the gain and there’s a headphone output to monitor from your iOS device. To turn an iPhone into a portable practice, songwriting or live recording rig, it’s tough to beat the TASCAM iXZ.
download one of the MANY apps available from the Apple AppStore. Some good examples are….
Tascam Portastudio app (VERY cool – takes me back to my school days)
..and of course Garageband