We recently reviewed photo editing app PhotoToaster 1.0. It’s a good, lightweight image editing app for making fast and easy color and luminance tweaks as well as quickly applying effects from a selection of presets.

PhotoToaster 2.0 hits the App Store today and has new tools and features that add to the power and usability of the app. For the update launch, PhotoToaster 2.0 is on sale for only $0.99 — that’s $1.00 off the $1.99 it’s been selling at lately and $2.00 off the app’s advertised $2.99 price. This sale is for a limited time only.

Find out what’s new in the update after the jump. >>>

There are a lot of great new features in this update, but I think one of the best ones is the addition of PhotoAppLink, which allows you to open up images directly in other photo apps without first saving to the camera roll. I’ve written about PhotoAppLink here. This one addition greatly enhances the usability of any photo app with the feature.

Cropping is greatly improved over the 1.0 version. The addition of several new cropping presets as well as an easy rotation tool significantly improve one of the few weak areas of the previous version.

This update gains some great new features and improved usability, but not at the expense of the ease of use that made version 1 so great to use. PhotoToaster 2.0 is easily a four-star app.

Here are some of the other new features in the PhotoToaster 2.0 update:

With PhotoToaster 2.0 you can now crop, flip and twist your photo in any way imaginable, apply a creative texture with adjustable intensity, and then export to every major sharing service with the addition of twitter, flickr and instagram options.

What’s new in PhotoToaster 2.0

New Crop
Rotate and Flip
Straighten
Texture Overlays with adjustable intensity
Expanded sharing includes Twitter, Flickr, Tumblr, Instagram and more
Border width adjustment
New Presets
New Borders
PhotoAppLink

There’s more info on the update on the East Coast Pixels website here.

Requirements:Compatible with iPhone, iPod touch, and iPad. Requires iOS 4.0 or later.

PhotoToaster - East Coast Pixels, Inc.

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The update should hit the App Store sometime today. If it’s not there yet when this posts, keep checking. I know you’re already checking your updates for Hipstamatic 225….