I didn’t know anything about this app up until now, and all I can say without trying it is that I love the icon!
Anyway, here’s the description:
Cut-Up Machine brings William Burroughs’ famous tape cutups to your iPhone. If you want to hear your sound recording cut up and randomly put back together for potentially surreal effects, this might be the app for you.
You can use up to four tracks (with in-app purchase) to make multi-layered cutup compositions.
Making a high-quality recording of your cut-up is easy: just hook up your iPhone’s headphone output to the “audio in” port on a Mac or PC, and use a free recording program, like Audacity, to record.