Vimeo Video Recorder, Editor, Uploader: Fast, Reasonably Easy & Free

Vimeo for iPhone app test from Todd Ogasawara on Vimeo.

I learned about the new Vimeo for iPhone app shortly before I left to meet with friends at a nearby Starbucks for an informal business meeting.

Vimeo Crafts an Elegant Video Browsing & Editing Experience for iPhone (Mashable)

Vimeo is a free streaming video service somewhat similar to YouTube. Their iPhone app is also free (Vimeo 1.0). The app provides the ability to record a video and upload it to your Vimeo account.