iPhone Video Recorder for iPhone OS 3.0 is a powerful iPhone oriented video recorder produced by DreamCatcher. The newly released version 3.1 supports on-the-fly recording to .mov file with the video quality improved dramatically ( i agree!!!! ).
iPhone Video Recorder for 3.0 can also record audio and video to the compressed mpeg4 format for space saving; an hour hight quality recording will be a file as small as 60MB.
iPhone Video Recorder for 3.0 boasts a frame rate up to 15fps which guarantees better video recording performance. With iPhone Video Recorder for 3.0, recording is easy and enjoyable, you may playback the video, upload to YouTube or simply download it to the computer.
New Source: http://www.iphonevideorecorder.com/3
Thanx to: iRoc