Apple iPhone 4 Razzles and Dazzles | Lance Ulanoff | PCMag.com: Nothing, though, was quite as intriguing or, in my opinion, as exciting as the new HD video capabilities. Lots of handheld devices can capture video. Many can share it with relative ease, but virtually none—certainly no smartphone I'm aware of—can also edit video. Apple's decision to port iMovie to the iPhone is a ground-shaking decision. One, it's an indication of the raw power users will find in this thin, handheld device. Two, the mixture of 720p, 30-fps video, iMovie, and the iPhone 4 instantly raises the bar for all smartphones.
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