IPhone Camcorder?

Why would this be news, it is not too difficult to achieve. I have been using "Cycorder" http://cydia.saurik.com/info/cycorder/ on my iPhone for months now and it works flawlessly. The only gotcha is that you have to have a jailbroken iPhone, and use cydia to install it but the video quality and sound quality are fine. If as the article suggests, this is a software only upgrade it is not a big deal. The article talks about doing video editing on the iPhone itself which I don't think is practical. It would be news if the next version of the iPhone had a real hi-def camera to allow to acquire HD video, however I doubt that this is apple horizon any time soon.

Analyst reports on Apple developments are particularly cringe-inducing to me. Many are clearly unsubstantiated guessing by folks who are perhaps only marginally familiar with Apple's plans.

The only thing that makes this particular article worth a look was the link to BusinessWeek's article. And the only thing that makes BusinessWeek's article worth a look--the only part that didn't amount to a guess or "info" from an "undisclosed source"--was the link to Gizmodo's article ( http://gizmodo.com/5202166/iphone-30s-video-recording-interf... ), which documents its evidence clearly and keeps its analysis firmly based on demonstratable qualifications.