Still wishing for selected area to be loopable... but the new duplicate function will do until such a time.
Play Store info:
* additional UI language - Russian; you can change it in System Preferences -> Interface;
* new drawing modes: * (lighting), / (darkening);
* Xor, Add and Sub modes has been renamed to ^, + and -;
* new operation in the Selection Mode: Duplicate (CTRL + D);
* compressor has been added to the audio engine;
* bugs fixed.
Remember that it is for free on PC/MAC/Linux