We get quite a few Press Releases in our email everyday… this one caught me eye. Apparently Sabec, a London based company, has developed a video camera application called VideoCam. They claim that the application allows video recording capability on the iPhone 2G and 3G. Apparently VideoCam is currently in review by Apple and will be released “at a very affordable price.” I really don’t see this one making it past the review process. :) [Read more…]