It’s now more than possible to create online tools that were once only possible on your desktop. I use Picnik, a tool for editing photos on Flickr and Adobe has taken the boxed version of Elements and fabricated it online.
Hobnox has introduced its audiotool, a companion music making machine to their musician community. This is the first comprehensive audio tool in AS3 and a new twist on the musician community idea. Most examples from a few years back tried to incorporate live “jamming,” which suffered from the same problems video conferencing had.
I see both ideas converging in the near future.
Warning it’s in German, but music knows no linguistic boundaries:
Hobnox Audiotool im Test from Phlow on Vimeo.