Been checking iPhone-related news stories daily, and have a few interesting items. I found this story about a web site that streams live TV & movies for iPhone. I just watched the beginning of "Night of the Living Dead" (complete with Spanish subtitles) and it loaded quickly and played smoothly. The site also and offers downloads of movies and shows as well, but of course the streaming requires no huge usage of memory/storage on your phone. Check it out...
Web Site: http://www.iphonewi-fitv.com/