iShred LE: Electric Guitar is a really cool musical app that makes awesome sounds! Some of the fantastic sounds it features includes Psychedelic 60's, Surf's Up, Area 51 and New Wave. This app provides a playing interface that is both powerful and easy to learn. You can create new songs or modify existing ones.
"This app starts with a set of high-fidelity electric guitar samples. It then feeds them through 8 exciting stomp-box effects pedals and an overdriven amp simulator. It comes with 6 demo songs covering a great range of guitar styles including Classic Rock and Heavy Metal."
--Tip: This app requires 2.2.1 Software. It also has fully tweakable Stomp-Boxes that will really boost your music. You're gonna love it!
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Visit the iTunes App Store for more details, and to download: