Whooa! Looks like Steve Jobs approved very first iPhone app for Live Video Streaming called Knocking Streaming Video. You can live video stream via iPhone and iPod Touch using Wi-Fi or 3G.
Ok I know you don’t want to read the full story of it , you just want that damn iTunes link right? Well here it is my friends:
iTunes Knocking Streaming Video Download
Arstechnica reports this video streaming iPhone and iPod Touch app is better than Qik?
RT @JoeHobot Live Video Streaming With iPhone or iPod Touch App http://bit.ly/8ImrJR