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Audiofile Engineering has has announced Rax 3 - the latest version of its virtual rack software for OS X, and has published a video to demo the updated software.
New features include new input sources, a completely redesigned user interface, radical routing capabilities, and liberating MIDI mapping opportunities.

DJ-1800, a mac DJ application, has added new features with its v3.2 update, including the ability to stream DJ mixes to the Internet!
New features:

A new full-screen mode
Full integration with Nicecast from Rogue Amoeba, to turn DJ-1800 into an internet radio station
Support for the Hercules DJ Console Rmx
Many other improvements and fixes

Nicecast and Hercules DJ Controller [...]

SimpleSynth is exactly what you’d think it would be, a no-frills Mac software synth designed for when you just want to play without the hassle of firing up and configuring your favorite sequencing software.
It’s got a complete general MIDI instrument set built in, and it can load Soundfonts and DLS files.
Don’t plan on doing any [...]

DJ-1800, the pro DJ software for Mac, has been updated to let you use music stored on the iPod touch and iPhone.
Features:

Support for music stored on an iPhone or iPod Touch
Support for new DJ controllers, including the Denon DN-HC4500, M-Audio X-Session Pro, Numark DMC2, Numark iCDX and Numark Total Control
A full plug-in API, enabling you [...]

Sonic Visualizer, a free application designed to make exploring audio data as fun as possible, has been updated.
Sonic Visualiser will be of particular interest to musicologists, archivists, signal-processing researchers and anyone else looking for a friendly way to take a look at what lies inside the audio file.
Sonic Visualiser has powerful annotation capabilities to help [...]

Techspansion has introduced AudialHub — an inexpensive Mac app designed to convert dozens of different audio formats (and even the audio tracks from video files) to AAC, MP3, WMA, WAV and Apple Lossless formats, with the standard metadata tags in most formats converted and passed on to the finished file.
Nearly every aspect of the decoding [...]

Maybe we don’t get out enough. First we thought the mpressor was le sexy, now we’ve got the hots for Apogee Electronics’ Duet, a FireWire audio interface designed specifically for Apple’s Mac computers.
According to Apogee, Duet is the first two-channel audio interface with control functions built directly into Apple’s Logic Pro, Soundtrack Pro and [...]

 

 Apogee Electronics Duet [3:13m]: Play Now | Play in Popup | Download

Nexoft’s LoopAZoid is a free tool for playing one-shot samples in your songs.
One instance holds up to 48 different samples, which can be freely assigned to up to 96 different MIDI notes - two each, for forward & reverse playback. Each of the 48 sample channels has a pre-defined MIDI note attached; triggering these in [...]

Sonic Studio began shipments today of the 1.2 release of soundBlade.
The 1.2 release incorporates hundreds of optimizations and stability enhancements, as well as almost two dozen feature additions, including an 8-channel option for surround work.
Running natively on Mac OS X, soundBlade relies on Core Audio for default I/O so hardware lock–in is eliminated. The application [...]

Monkey Tools has announced the Universal Binary version of Sound Grinder. In addition to Universal Binary support, running 100% native on both PPC and Intel microprocessors, version 3.0 includes several new features including:

“Droplets” for simple drag and drop conversion;
support for Quicktime® Components such as Flip4Mac Windows Media component; and
enhanced metadata editing.