If you're looking for a new way to torture audio in real time, geometer is the one. Geometer is a visually oriented waveform geometry plugin.
Use it as an insert FX on a mono track, and explore...(you'll hear why they're called destroyFX)
It's free (but you can contribute by a donation) and you can get the plugin and its documentation on the destroyFX server.

Panic Software has just released an update for Mac OS9 of Audion, its MP3 player-editing tool. This update fixes a bug that prevented Audion from launching with some Mac OS versions. Check the link below for immediate download.

Waves Art has just released TrackPlug, a VST plug-in featuring EQ, compressor and Gate.

The USB Audio ASIO driver supports a number of new external soundcards now including: Audiotrak May 7.1 USB, Creative Extigy, Digidesign Mbox, Edirol UA-3D and Onkyo SE-U55S(X)

TC Works is shipping Waldorf D-Coder, a Synthesizer Vocoding Plug-In for PowerCore.

D-Coder goes beyond classic Vocoder concepts by providing an integrated synthesizer as tone generator. No external carrier signal is required to make the vocoding effect audible. D-Coder is based on the synthesis and DSP technology used in the popular Waldorf synthesizers, now made accessible to PowerCore users from inside any VST or MAS compatible sequencer.

The D-Coder features a hi-resolution analysis and Vocoder section, allowing the generation of very high quality vocoding effects. The simple, yet efficient control surface even includes a 3 band equalizer with sweepable mid frequencies and a Chorus for utmost flexibility. D-Coder's synthesizer section provides a classic 2 Oscillator model with ...