Hello Sergey, all,

I was recently overjoyed to discover sonicWORX' Artist Basic is available
for free & it's damn good stuff.

Features
This free Artist Basic version offers you the following,
unrestricted features:

 - Recording and Editing
 - Saving/Exporting files to SDII, AIFF and WAVE formats
 - Non-destructive editing with one-step undo
 - On-the-fly preview for listening to the results WHILE processing the file
 - Phase Vocoder, Time/Pitch Scaling, Normalize, Reverse, Add Channels,
 - Truncate, Sample Rate Conversion, Fade In/Out, Parametric EQ, Transpose,
   Hall Reverb, Digital Delay, Flanger, Chorus and Ring Modulator.

Download from :

http://www.prosoniq.com
http://www.prosoniq2.com

On a related note, I wait with baited breath for the next generation of Mac
audio apps built to exploit the new G4's gigaflop performance. I mean
someything that reportedly can do stuff 3 times as fast as a 600MHz
PentiumIII is the stuff gear junkies' dreams are made of.

Cheers,