Vtap: Watch any Video on Your iPhone

You can watch, Videos not only from YouTube but from several Video providers of the web. You can watch videos from various parts like MySpace, Dailymotion, Associated Press ,Reuters and ESPN. The magic of this app is that it encodes any Flash video to a native Quick Time player format H.264.
I haven´t tested on my iPhone yet, but it seems that this web app should fill a large gap the iPhone left, by not supporting Flash, this is a good way to solve this problem. This app may be better than the native YouTube app on the iPhone.
When you click on a video, other than You Tube, vtap encodes the video, and while this happen a news feed related to the video appears. This is neat by the way. I leave you some screen shots of the app on an iPhone.
What do you think?

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