That’s right, during today’s “stevenote” Steve announced that the iTunes store will be selling Ringtones. The Ringtones will cost 99 cents, plus the cost of the original song on iTunes. So for just $1.98, you get a full song to play on your computer and iPod as well as a Ringtone for your iPhone.

Most Ringtones you purchase are “pre-cut” for you. Basically, you don’t get to choose what part of the song you want. With iPhone Ringtones, you get to choose the length and section of a song you would like to use.

For those of you who are tired of the standard ringtones and want to add a bit of custom flair to your lineup (and who doesn’t?), TUAW posted a step by step guide of how to put them onto your iPhone. Create a new playlist. Drag unpurchased songs from the iTunes store into your playlist. more »

Sick of hearing that Marimba iPhone ringtone? Want to use your own song or mp3 instead? Well the guys at Mobility Today are looking to change that with the iPhoneRingToneMaker. But, as always, there is a catch. If you’re a Mac user, you’ll have to fire up BootCamp or Parallels to use this software as more »

Recently we mentioned a service called Singtones that allows you to actually record your signing as a Ringtone. They then make sure your voice is both in tune and in time with the original song and send you your Ringtone. Well thanks to Rob from Singtones every Appletell reader can now get their very own more »

It’s not just mobile phone manufacturers getting all nervous with the iPhone around; with news that Apple’s handset can utilize music files stored on computers as ringtones, the entire ringtone industry is waking up. No more ripping consumers off with high prices coupled with low quality. Either innovate, or die trying. Speaking of innovation, Revoice more »