This is the latest really cool FCP app for the iPhone which also scales for iPad. There is a version for iPad on its way. Really instructive video tutorial from Taz Goldstein and Steve Martin. The audio is out of sync, but loads of great details. We love adding markers, subclipping, labels and names and all for just $2.99! All the links you need after the break. *UPDATE* We have replaced the video with a corrected version.
Just think of that whole new world of client interaction from the back of the edit suite, or even for logging that football game from your sofa!