For all of us who were waiting, Justin.Tv application is online in the app store from some days ago. I must say it works pretty well and has no problem streaming over 3g. AT&T and Apple however, were not going to just allow a streaming application running while, so in order to be approved, the appliaction had to include both high-quality (200 kbps) and low-quality (64 kbps) streams. The stream switches to a low-quality when the 3G network is overloaded or only EDGE is available, which give a rather crappy quality.
The app ...