uStream just released their iPhone (iPod Touch too) version of their streaming service. Of course its view only but it allows for the user to chat. The interface is simple and easy to use and works as it claims. But beware it is as crashy as hell right now… from viewing stream,logging into chat, chatting it randomly crashed on me. I’m sure they will fix that with a update. Over all this is a decent first gen app of its type.
Edit: Modified title to reflect that its Initial Thoughts not final review.
Grab your copy the itunes store