Flixwagon has announced that it has an alpha version of a new iPhone live streaming applications available for testing on “jailbroken” iPhones.

Features:

• Express Sign-up on the fly: simply enter your phone number and you’ll be instantly logged-in. You’ll also receive a text message with your new user name and password (which you can change when you log in.
• Edit video details on the fly: change title and tags directly from the device before or during broadcast. This is useful in helping more users discover your broadcast while you’re still live, by adding relevant tags and titles based on events in the broadcast.
• Set sharing preferences directly from the device: set “flix” as private, public, or viewable only by certain groups like friends, family, co-workers, etc.
• Edit video details and sharing preferences on the fly: Choose video quality settings: select between higher resolution (sharper details within the frame) or higher frame rate per second (smoother video flow).

Note: the iPhone apps (1.1.4 and 2.0) are both in Alpha and are primarily for testing streaming from the iPhone platform. Flixwagon hopes to develop an app for the iTunes App Store once the iPhone SDK supports native video.

In other words – this is bleeding edge stuff. Let’s hope that Apple will support this type of development, and turn the iPhone into a multimedia content publishing platform.