One of the more overlooked features of the new iPhone 3.0 is support for a new open standard for live video streaming over HTTP, which promises to open up standards-based video broadcasting to a wide audience while giving mobile users an optimized picture as they roam between WiFi and mobile networks.
At the March unveiling of iPhone 3.0, Apple only dropped a subtle hint about new streaming video features in the new operating system (literally limited to writing "streaming video" on the slide of other features, below), leaving out any details about how it would work and not even mentioning the feature in any detail in the presentation.
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