Anyone who imports mp3's onto their phone will have been vexed by the inability to set them as ringtones due to the lack of a DRM file (digital rights management)
I ahve got hold of a fully legal program from Sony Ericsson (now no longer available as vodafone werent too happy at their loss of potential profits) which allows you to add the dRM bit and so use all your (legally ripped from CDs you own) mp3s as ringtones etc etc rather than be ripped off by the expensive WAP sites...
PM me if you want it! :D Or if some nice soul has some webspace to host it!!!
I can host it if you like. Anything that helps to stick it to DRM
Were's the link?
I can host it too if you want :)
I also have it....got it a few weeks ago when i got my S700i. Very easy to use.
Also for those people out there that do not want the full mp3 song as a ringtone visit Walmart.com (http://www.walmart.com/catalog/catalog.gsp?cat=4104&path=0%3A4104&dept=4104), find the album that you want and you can download 30 secs of any song. :D (right click the song link and save as)
Also got a the theme creator program which covers most sony ericsson phones.