Just released this morning, the new Ustream Live Broadcaster app (iTunes link) actually allows you to stream live video from your video-capable iPhone 3GS to the web, something which the recently released Qik app couldn’t (and still can’t) boast. It’s the first app to offer live streaming from Apple’s (s aapl) handset, and it even allows you to do so over both Wi-Fi and 3G connections.
In order to use the app, you’ll need to sign up for a free Ustream account if you don’t already have one. Ustream will prompt you to do so, and then allow you to register right within the app, without having to even pop out to Safari to complete the process.
As with any Ustream video, your live stream will be automatically recorded and stored on your Ustream account for later viewing. You can also notify your friends via Twitter that you’re starting a stream, and take advantage of Ustream’s built-in chat and Social Stream features to interact with viewers watching your video in real-time while you shoot. Obviously not something you can do while recording yourself, unless you are so intimately familiar with your iPhone that you can type when the screen isn’t facing you. Read More about I Stream, You Stream, We All Stream with Ustream for iPhone