Well there's an app for that!
I just found this app on the Iphone. Just $0.99
The app, iVideoCamera, is very limited for now as it only takes 3 frames per second for no more than a minute. However the developers are working on improving it and we can only expect many more apps of this kind to hit the App Store soon.
Here is the official description :
The iVideoCamera lets your record a short video on any phone. Now you don't need a 3GS to record and share videos with your friends and family. Works with any 2G or 3G phone with 3.1 OS installed and includes:
Ability to save to your camera roll or "Photos" and share via:
- Twitter and more coming soon
Now you dont need to be jealous of your 3GS friends - you can now shoot and share video and dont need to spend all that money (in these economic times)
NOTE: Requires OS 3.1 so if you dont have it upgrade now.
** LIMITATIONS **
- The iPhone can only capture about 3 frames per second
- Videos are limited to about 1 minute in length
- Resolution is low: 160×213
** IF YOU HAVE A 3GS YOU DON'T NEED THIS APP **
You already have a video recorder!