Because I’d been good this year, and also because my original model iPhone was finally out of contract, the Holiday Fairy brought me an iPhone 3GS for Winter Festival. Yippee!

Trolling the App Store for fancy new apps that take advantage of the 3GS’s special features, I came across two really cool video applications (not that, as it turns out, either of these require the 3GS, but I won’t tell the Holiday Fairy if you won’t):

iTimeLapse Pro by Laan Labs lets you “create stunning time lapse and stop motion videos straight from your phone”. I created a stunning time lapse video of my drive in to work this morning (see above). As fun as that was, it’s the stop motion that really seems exciting to me, but that will take more time to play with test. Videos can be up to 1200 x 1600 pixels, or 1536 x 2048 pixels if you have a 3GS. ITMS App Store Link: iTimeLapse Pro.

Ustream Live Broadcaster by Ustream.tv, Inc does just that – it streams live video from your phone straight to the internet, where all your friends, family, colleagues, customers and ex-boyfriends can see it – LIVE. OK, you can control who gets to see it if you want to; you can require a password for access. Tweet your audience to let them know a broadcast is starting or schedule your programming in advance. Did I mention that it broadcasts LIVE? From your PHONE? My tests showed a 10 second delay, but others report delays of as little as 1 second. Quality is so-so, but hey - it's a LIVE broadcast from your PHONE. Broadcasts can be saved for post-event viewing. When I do something more exciting than drive in to work, I'll broadcast it and update this post with a link so you can view it. ITMS App Store Link: Ustream Live Broadcaster.

What are your favorite apps, 3GS-specific or otherwise? Or, if you are from the non-iPhone camp, what apps do you have that kick the iPhone's butt? Post your choice picks in the Comments.

Next week: fun with the 3GS's Compass!