When working with loops and click tracks one thing you need to know and preferrably know quickly is the beats per minute(BPM) of the song. I use this widget constantly to quickly get the BPM of a song I’m listening to in iTunes.
All you need to do is install it, then play the song in iTunes you want the BPM for, open your dashboard and tap the drum set along with the song and it will display the BPM. Then you can click the +Music icon on the right to save that into the song data in iTunes. Quick and easy and as accurate as you are of a mouse clicker. The only down side I’ve found is that it can get pretty CPU intensive if left open for long durations along with iTunes. iTunes ends up eating up more and more CPU. So watch out for that and if that’s happening make sure to close the BPM widget after using.
You can download it here.
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There is a cool web-based tool I use for this. Go to this page http://www.all8.com/tools/bpm.htm, and tap any key. Voila!