For reasons of shooting video i've always preferred the Nokia N95 over the iPhone for obvious reasons. But watching this video totally changes the perspective on what's possible on the iPhone (albeit by hacking at this point in time).

Yet another development that makes the iPhone a step closer to being the one device that's all you ever need in your daily routine.

An interesting quote from TechCrunch:
"...none of these workarounds have been authorized or otherwise approved by Apple, but to see the quality and the possibilities with the iPhone 3GS really makes you think — what if Apple did approve this?"