Qik Adds Live iPhone Streaming — and Not Just for the 3GS

UPDATED Following on the heels of similar announcements from Ustream and Bambuser, Qik’s application for live video streaming on the Apple (s AAPL) iPhone has finally been approved, and the app should arrive in the App Store shortly. But with so many live streaming apps already available for the device, how does it separate itself from the pack?

The Qik app has all the same features that one might expect. The app works over both 3G and Wi-Fi networks, has social sharing features that allow users to alert their friends of streams they’re broadcasting, and is location-enabled to allow a broadcaster’s friends to know where a stream is coming from. All pretty standard stuff. But there’s one big difference between Qik and some other live streaming apps out there.

While some others are limited to streaming from the most recent iPhone 3GS version, Qik works on all iPhones, including the 2G and 3G versions. While those versions of the iPhone were technically capable of recording video, the capability was hampered until recently, when Apple enabled recording through the third-party iVideoCamera app. Update: Ustream also enables live video streaming through 2G, 3G, and 3GS iPhones.

In addition, the Qik app allows users to mark their video streams as private, enabling them to choose who can view their broadcasts and who can’t. When a video is marked private, it can be viewed only by users who have received an MMS or email.