Easy (and free!) ringtones for your iPhone

I just ran across this fast, easy, and free way to create ringtones for your iPhone. Fortunately (or unfortunately), this is for Macs only.

1. Open GarageBand
2. Open iTunes
3. Drag the song from iTunes into a new track in GarageBand
4. Click on the 'Cycle Region' button in GarageBand (two arrows, looks like a "Refresh" symbol)
   
5. Adjust the length of the region you want as the ringtone (must be 40 seconds or less)
6. Click on 'Share' then click on 'Send Ringtone to iTunes'

That's it! Looks like a free, easy workaround for getting ringtones onto your iPhone.