It has been several days since the first version was released and since then there was a major change and a production-ready release. The beta version has the basic core functions, and with that in mind, I decided to release it for free through this thread.
That said in mind, the development cycle of the beta is over and further work is going to be done on the production release.
This version packed the EQ, simple device router, recorder, live feedback graphic, and microphone monitor. So in effect, it is five functions packed together.