The orginal demo.
shapesynth brother slave mode streaming iphone to iPad
Brother Oscilloscope Test
Live Session 2013/06/04
Tobi: iphone/iPad – AudioBus / Loopy HD / Turnado / 2 x DrumJam / WIST / Thumbjam / Kaosspad
Thomas: Guitar – VG88
Video: CANON EOS 550D Tamron 10-24mm / PowerShot SX220 / Sony Vegas
Recorded Live @ Zipfer Dungeon Studio
Timelapse realised with alternativ Camera System CHDK http://chdk.wikia.com/wiki/CHDK
Here is a rather inept and poorly produced video demonstrating this mysterious app. I hope that watching this gives you some idea as to how it works and what it can do.
The Audio Mastering Studio blog posts about using the app as a signal processor, and promises Audiobus support soon.
(had to include the picture, just love it).