Yes iPhone Can Record Videos

Everyone knows that the iPhones recording capabilities are not so good in this first version of the phone. But now thanks to a beta application developed by a software company called Monster and Friends, it can now record a five second video at about 10 frames per second and it can replay the recording as well, but this version can't save the video at moment. a second version is on the way and will be able to record for a unlimited time and save the video at 2MP's Resolution. The app can be accessed from the Monster and Friends website for anyone that has a iPhone.