AutoStitch Panorama can automatically combine any arrangement of photos into high resolution panoramas of up to 18 megapixels in size. Version 4.0 is a major redesign, now offering an in-app camera, ability to re-stitch existing panoramas with new settings, geolocation capability, and ability to work with iOS 5 features. AutoStitch first launched in June 2009 and has gathered more than 400,000 loyal and active users over the past 2 years. AutoStitch is designed for users who care about the quality of their final results, as it stitches individual full-resolution camera images rather than relying on reduced-resolution video input. This is a free update but if you haven’t already purchased the…