The Very Cool Software Company have created the iStylophone which is built for the iPhone and iPod Touch. The software is a duplicate of the real monophonic synthesizer which was popular back in the 1970's.
This version attempts to bring back the old school with the new. If you are unsure what a stylophone is and what it sounds like then check out the two videos below which contain music made with a Stylophone. The first is God Save the Queen followed by James Bond.
The iStylophone will be made available through the App Store on December 1st.