This is one of the coolest things ever. We are getting so close to the clouding era where everything exists on distant servers and we only house personal information on our local machines. I can’t wait to be able to edit and create on virtual machines via the internet, imagine the possibilities for telecommute! Anyways the Audiotool by Hobnox is really addictive and has a lot of options to play with. I highly recommend that you check it out. The link seems to be going up and down, most likely due to high volumes of traffic. But check back if you can’t get access its definitely worth it!
Click here to play with the modules at: Hobnox.com
Here is a video in case you can’t view the link at this exact moment: