Now this is what I love about Web 2.0: Tools that are easy as One, Two, Three. Audiko is a new Ringtone Maker that don't required registration, and you won't need to download any software/plugin to your computer. Really, no hassle what so ever.

Just upload your favorite song, or supply Audiko with URL that ends with MP3 format. Then choose the part you want to cut from the song, the time you want it to play, and that's it.
you can download your new Ringtone to your computer, then to your mobile.