Ustream iPhone app can record and stream live video

Ustream has a video watching app that they willl release very soon for the iPhone, but they also have a video recording and streaming version on the way too! For quite a while owners of jailbroken iPhones have had the oppurtunity to record video on their iPhones.

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Original source : http://digg.com/apple/Ustream_iPhone_app_can_recor...