Developer Olympia Noise Co. has released an update to Chordion – a chord-organ style instrument for the iPad.

Here’s what’s new in Chordion 1.2:

• Drum Machine & Arpeggiator – Easy to use sequencer with 4 drum machines. Customizable Arpeggiator patterns.
• New Layout Editor – Now you can set up custom chord voicings, create your own scales, and change the range of the keyboard in the new layout editor.
• New Synthesis Parameters – The envelope can now be set to modulate the filter cutoff for extra punch. Added Vibrato effect. Vibrato, Tremolo and Wah effects all have fade-in times for creating delayed modulation. New detuning makes your oscillators thick and juicy!
• Performance Optimizations – Audio engine has been optimized. MIDI mode now completely disengages the audio engine. Graphics engine has been optimized to be extra fast.
• New Chord Types – minMaj7, m7/9, 11, m11, maj7#11, m#11, 6, b6, m6, m#6, and more!
• Record – Record your audio and upload to SoundCloud, Dropbox, or iTunes.
• Share your songs on Noise:Cloud – Noise:Cloud is a new feature for sharing and downloading Chordion presets made by other users. Feeling un-inspired? Check out what others are making with Chordion.
• Audiobus – Stream Chordion’s audio output to other iOS apps with Audiobus.

Chordion is US $3.99 in the App Store.