iPhone Video Recorder (for 2G and 3G iPhone) is a powerful iPhone oriented video recorder produced by DreamCatcher. iPhone Video Recorder records audio and video to the compressed mpeg4 format , so the recording is space saving, an-hour-high-quality recording will be a file as small as 60MB. iPhone Video Recorder boasts a frame rate up to 15fps which guarantees better recording performance . With iPhone Video Recorder, recording is easy and enjoyable, you may play back the video, download it to a computer, upload to Youtube , or send it out by email as you wish.

Free version of the video recorder records upto 30 times and 30 second videos and if you wish to record more then you have to pay $20. Which accordingly to me is not a bad deal if they will give you the video recording feature on your iPhone

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