Logic
Transformations

http://rhoadley.net/courses/logic/files/blowthat_s.aiff

Time stretch regions to locators

Time and Space Machine

Find the sample "kyorei.aiff" (or record your own)
Open in sample editor (alt-double-click)
Select all
Factory/Time and Pitch Machine
Tempo change (-75%)
Transpostion = 1

Process and paste
Audition

Transpostion = -2400
Process and paste
Audition

Try with other sounds and parts of sounds.


Using Inserts

You can also use inserts to transform sounds
Find or make a sample
Import it into the arrange window
Make sure it's at the start of the track
In the row that includes the bar numbers at the top of the screen, shift click 
if necessary to bring up the location bar.
Make sure this 'surrounds' the main part of the recording
Click the loop icon at the bottom of the screen
You should be able to play now and the track will loop around the location bar
Now you can play with the inserts
For instance, choose Delay/Echo/Stereo

Also try:
Distortion/Bitcrusher
Filter/EVOC20
Many of the modulation units


Volume and Pan