I'm a guitarist looking to expand my live-looping world beyond the phrase loop function on my Boss ME-70. I've been looking into hardware loopers like the Boss RC300, TC Electronic Ditto x4, and the like but in terms of the number of loops for the price point I'm looking for there seems to be nothing available that suits my needs. That's where Loopy comes in.
I'm looking into purchasing a cheap iphone/ipad and a foot controller like the FCB1010 and using this combination instead of purchasing a full hardware looper. I'm just wondering if there is a certain backwards cutoff in iphone/ipad models where the device can't handle all the processing the app requires of it to perform in realtime. Ideally I'd be able to get by with an <$100 iphone so it could just stay as a part of my pedalboard. Is this realistic?