While that is nice, couldn't (and isn't) this possible on any smart phone with 3...

justin · on April 14, 2011

Justin.tv has an app that can do this

tremendo · on April 14, 2011

Yes, http://qik.com/ (not affiliated, not a user, but it seems to do this).

fletchowns · on April 14, 2011

http://ustream.com also has an app that can do this

dean · on April 16, 2011

Yes, but most people don't have smart phones.

From the article: "Of the one billion cellphones sold annually, a few million are iPhones. The masses still have regular cellphones that don’t capture video, let alone hi-def video. They’re the people who buy Flip camcorders."