Apple is currently demonstrating a 'pro audio for everyone' program called 'Garage Band'.
Don't know much right now. Just got this tidbit from 'macminute dot com'
Quote:
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digitally mix up to 64 tracks, play over 50 instruments, over 1000 professional audio loops, record live audio performances, over 200 pro quality audio effects, vintage or modern guitar amps
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Apparently at 9pm PST you can go here to view the webcast. It's also available righ now...
http://stream.apple.akadns.net/