Sep 11
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With the latest release of iTunes, there is now the facility for you to buy ringtones and upload them to your cool Apple iPhone. These ringtones will cost 99 cents each for the 30 second snippet of the song.
Personally we don’t think it’s worth it, as there are other ways of getting iPhone ringtones for free.
For Free iPhone Ringtones
Last week we read that all officially purchased ringtones have the .M4R extension, so all you have to do is rename any AAC file to a M4R extension file to get it to show up in iTunes under Ringtones.
Simple and yet so easy 
September 18th, 2007 at 1:07 pm
[...] 7.4.2 addresses an issue with creating ringtones using iTunes Plus song purchases and includes bug fixes to improve stability and [...]