I haven’t actually gotten a chance yet to try out iMovie for the iPhone 4, but I’m looking forward to it. I’m a fan of iMovie on the Mac, and I’m also a fan of the idea of moviemaking right on the iPhone—that is, using the iPhone for the whole shebang. Shooting video. Editing video. Adding titles, transitions, and other effects. I’ve used the excellent app ReelDirector for this—and that’s still a great choice, especially if you don’t have an iPhone 4—but I’m really excited about Apple diving into this arena with iMovie.
Here’s an example of a movie made with the iPhone and iMovie: