Sure! But you’ll need to record it directly from your phone’s speaker, as there is no way for third party applications to access the audio files in your media library.
Here's a video tutorial: http://www.youtube.com/watch?v=iHHjNNrjQ9M
Here's a step-by-step list of how you can make this work:
- Ensure that you are in a relatively quiet place.
- Go to the Music + Videos hub.
- Play whatever song you’d like to have as a ringtone.
- If your headphones are plugged in, unplug them. If you use a headset, turn it off while completing these steps.
- Set your phone’s volume to a reasonable level. Unfortunately, we can’t offer more precise guidance here as “reasonable” depends on the specific phone model you have and on the particular song you’ve chosen. For most phones and songs, “10/30” seems to be a good level. If you set it too high, the audio might distort. If you set it too low, your ringtone won’t be loud enough and the signal-to-noise ratio of your recording won’t be optimal.
- Tap the Pause button to stop playback of the song right before the segment you’d like to have as a ringtone.
- Start Ringcorder™.
- Tap the Add button (“plus” sign) on the application bar. A new cassette will be created and loaded.
- Press the Volume Up (+) or Volume Down (-) button once to show the media bar. You’ll notice that the song you chose is still active in the media bar.
- Tap the Play button on the media bar.
- Immediately tap the Record button in Ringcorder™.
- Tap the Stop button in Ringcorder™ when the segment you want to record has finished playing.
- Tap the Pause button on the media bar. If the media bar is hidden, press the Volume Up (+) or Volume Down (-) button once to make it appear.
- You’ve now recorded a segment of the song. You can use it as a ringtone by tapping the Export button.