Apple has updated GarageBand for iPad, adding several cool new features, including new audio output options, Apple Loop support and copy and paste for audio files.

Here’s what’s new in GarageBand for iPad 1.0.1:

• Support for audio output over AirPlay, Bluetooth devices and HDMI with the Apple Digital AV Adapter.
• Import of AIFF, WAV, CAF audio files and Apple Loops (16 bit, 44.1 kHz) via iTunes.
• Allows copy and paste of audio from supported apps into GarageBand using the clipboard.
• Addresses occurrences of GarageBand freezing while playing Smart Instruments.
• Improves overall stability and addresses a number of minor issues.

Full details on the update are available at Apple’s support site.