You could also check out RealBand Bob.

You can highlight a note (of audio) in the Audio Edit Window, right click and then transpose to change the note (or chord's) pitch. This is a high quality chipmunk free transposition using Elastique algorithms built in to RealBand. You can also create notes or chords using copy and paste.

All of this done within RealBand, no third party software required. Having said that, there is amazing third party software (Melodyne) that can change single notes within an audio chord, when you need to do that.

A much faster way of editing is to just add MIDI tracks to the audio tracks, and either erase the underlying audio, or leave it in. Leaving it in allows the the MIDI to sound more real. Often if the ear is hearing an audio guitar and a MIDI guitar,it all sounds like audio .

Have Fun!
Peter Gannon
PG Music Inc.