I agree with Jeff, a lot of people round here just need to realx. Rest assured we'll be able to make songs ring tones, or songs we make in Garage Band. It's obvious iTunes will have a ringtones section if they are selling phones, some business people would get away with having a ringtone of their favourite song go off at a meeting, but they may think, and rightly so IMO that it would be unprofessional if the actual song went off with blasting guitars are singing etc.

That's why Apple will have a ringtones section, ringtones will be predictably 99c and teens will buy them too.