So, in short - here's what we did:
1. Opening a loop in ReCycle.
This means simply opening an existing audio file on your hard disk or a sample CD.
2. Slicing the loop.
When the 'Sens' setting is adjusted properly in ReCycle, the program detects the individual drum hits in the loop and sets a slice for each. To make the loops sound better if we lower the tempo or rearrange the loop, we also set a stretch value to stretch the end of each slice. We also set the length of the loop in bars so that ReCycle can calculate the tempo.
3. Applying effects to the loop.
Using the EQ, Transient Shaper and Envelope effects you can further modify the loop to your liking.
4. Saving/exporting the loop.
When you are done editing the loop you save it as a REX or REX2 file that you can use in a REX capable software sampler such as Reason's NN-XT. You may also export the loop as a REX-file for use with a REX compatible audio sequencer (such as Cubase), a SoundFont bank or an AKAI .akp instrument file.
5. Making music.
With the loop loaded in your software sampler or audio sequencer, just groove away!