I would probably never do this because an iPhone’s screen is simply not big enough for reading from farther than an arms-length but for those of you who need a quick fix to read lyrics of a song or for a short YouTube clip, you might be interested in this iPhone Teleprompter you can make.
This is how I made a TelePrompter for my podcast to save me having to memorize lines. Which I am terrible at. I found a application on the itunes store for the ipod touch and iphone for TelePrompter but could not afford the hardware they offered to sell me. So I made my own out of Coroplast and a CD case….