This is sfxr.js, a sound effects generator for video games. The code was originally http://www.drpetter.se/project_sfxr.html and was ported to JavaScript using the Audio Data API for Firefox 4. The UI is just a quick hack, and if you'd like to make it look better, we'd be happy for the patch!
You can choose a predefined sound below, then play it, mutate it (change it just a bit), or generate a .wav file from it. You can also alter the various aspects of the sound using the advanced settings below. The current sound will be "saved" on the URL as a string in the form sound=..., and you can share this or bookmark it for later.