Yey, it looks like iPhone Video Recorder is now available.
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Check out the features:
iPhone Video Recorder 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, or send it out by email as you wish.
Due to the great consumption demand on iPhone CPU for dynamic encoding, it is hard to maintain a high frame rate on the fly encoding. Therefore, we turn to a postponed encoding method. You may record now and encode the recording later. The video data is already on your iPhone’s disc, and you may resume encoding when you are convenient. Besides, we offer a few more encoding methods for customers to choose from. On the fly encoding is also available and the sound is good yet the frame rate will be reduced considerably.