The Very Cool Software Company has launched its Dübreq iStylophone software for the iPhone, and it’s expected to be available at the App Store on December 1, 2008 for $5.95.

It’s based on the original 1968 Stylophone, a pocket electronic musical instrument that has seen use over the decades by professional musicians from David Bowie to Erasure among others. It was originally developed as a toy for children, and came complete with stylus back then.

Its kitschy design and vintage sound has seen strong popularity in recent years, as with all trends, everything eventually comes back. In 2007, a new version of the Stylophone was produced with volume and an MP3 feature.

Here’s a gallery of the software in use: http://gallery.me.com/verycoolsoftware#100158&bgcolor=black&view=grid