So whilst the iPhone can make toast, plan your social life and help you run your business if can't seem to do video and so far there's no rumour of video capture for future firmware either.
Enter ShowTime by Polar Bear Farm. ShowTime will basically grab up to 6 frames per second at 320 x 427 through your iPhone's camera approxmating motion video. Of course you'll need a jail broken iPhone to try it.
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