Yes it is for real. Korg are bringing the electribe to the iPad. The iElectribe is priced at $9.99 until the 30th of June. The scoop goes to Syntheticbits for this.
The iElectribe features:
– Analog synth modeling
– 8 Parts, 4 synth / 4 percussion
– 8 Effect types
– 160 patterns total
I’d give you a link to it on iTunes, but I can’t right now (don’t ask)! Oh, and the iTunes listing states that it doesn’t work on iPhone or Touch!