Last week, IK Multimedia released a major update to its AmpliTube for iPad app, highlighted by the addition of 8-track recording as well as the availability of new stompbox models.

AmpliTube 2 for iPad is a guitar and bass amp modeling program. Plug your instrument into the iPad with a special cable adapter called the “iRig” and you can tap into a range of amplifiers and effects to customize your tone.

AmpliTube 2 adds a the ability to record yourself playing (this feature was added to the iPhone version in October). A single track comes with the 2.0 update, with the option to expand the feature to an 8-track recorder. Each track features a button for enabling recording, an insert effect, controls for volume and pan, solo and mute switches, and two send-effect level controls to add ambience and depth with reverb, chorus, and delay from the master effects section. There’s also a global equalizer and compressor in the master effects section to tweak your final sound.

In addition to the recording capabilities, AmpliTube 2 offers five new optional stompbox models-Compressor, Reverb, Graphic EQ, Parametric EQ, and Limiter.

Other additions to AmpliTube 2 include the ability to import songs as backing tracks directly from the iPod library on your iPad or from a computer using file-sharing or Wi-Fi. A SpeedTrainer feature lets you slow down or speed up imported songs without affecting the music’s pitch-ideal for learning how to play particular passages of songs.

Check out this video that shows how you can use the multi-track recording feature to record a complete song with effects on your iPad!

The app costs $20 and includes a few basic effects and a single recording track. The iRig cable adapter is $40. Optionally, you can add the 8-Track recorder for $15 and several additional effect pedals for $3 each. If you buy the whole package you are in for less than the cost of a single stomp-box from Guitar Center and you have a full-on recording studio for your guitar. Personally, I think this is a steal of a deal!

Of course…there is the cost of the iPad…

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