IK Multimedia released the latest version of its amp and effects modeling software for the iPad, AmpliTube 2.

[ad#Google Adsense 300×250 in story]AmpliTube 2 includes many new features, including five new stompbox models that are available as in-app purchases. The new stompboxes, which cost $2.99 each, are a Compressor, Reverb, Graphic EQ, Parametric EQ and a Limiter.

The feature that will be the most exciting to many users is the addition of an 8-track recorder. Also available as an in-app purchase for $14.99, the 8-track recorder features a record enable button for each track, an insert effect (the customizable AmpliTube amp and effects signal chain), volume control, pan control, solo & mute switches, plus 2 send effect level controls for adding ambience and depth with reverb, chorus and delay from the master effects section.

The master effects section also features a global equalizer and compressor for final sound tweaking and polishing, according to IK.

AmpliTube 2 also allows you to import audio into a recorder track and then adjust the tempo, making it easier to learn new songs.

AmpliTube 2 for iPad costs $19.99 and is available from the App Store.