Peter Burrows from Businessweek says (via MR) that video on the iPhone 3 is going to do for video what the original iPod did for mp3s. We say he's late to the party. We're not talking April 7th late either (that is when screengrabs showing the video interface were published). We're talking over a year late.
Cycorder and Qik have been on jailbroken iPhones for over a year and have offered up the video recording and broadcasting ability to the broad swath of iPhone users who've jaibroken their iPhones.. Even Ashton Kutcher has been taking videos on his iPhone.
Obviously, video recording will be much more popular on iPhone 3 b