DIY iPhone ringtones made using iTunes! - How to!

If you're bored of the standard Apple ringtones provided on your iPhone, but don't really want to pay for cheap sounding ringtones - watch this and learn how to make your own! For free! - by using any MP3 or AAC file!

Super clear screenshots:
http://lmjurl.com/1i5

How to show file extensions:
http://lmjurl.com/1i4

REMEMBER - On the phone, ringtones should appear in Settings Sounds Ringtone. Not the music folders.