Review: iCam from SKJM, LLC
Purchase with this button: 
Back in December, I posted my iTunes App Store wish list. To quickly recap my desired app, I needed a way to stream video from my unibody Macbook (unboxing) to my iTouch / iPhone (unboxing) Shortly thereafter, a commenter left me a message telling me about one app that might suit my needs, iCam. Produced by SKJM, LLC , this app was exactly what I was looking for.
The initial setup of the $4.99 app was pretty simple. First I installed it on my iTouch, then I install a client (iCamSource) on my MacBook. These two pieces of software work together to stream my iSight camera video directly to my iTouch via my iTouch's wifi connection to my home network.

In the iCamSource program, you basically type in a name and password for your stream and hit Start. Then on your iTouch iCam app, you enter the same stream name and password. Voila, our video should stream right to your iPhone / iTouch.
Initially, though, it didn't work. I posted a message on the forum for the product's website, the app creator emailed me directly, I sent him my IP address, and he fixed something to get me working. Also, initially the app did not stream sound. The most recent update to the app, though, has now included the sound feature. Yay!
The other cool thing about this app is that you can actually stream more than one video source (up to 4), provided you have extra computers and web cams around.
All in all, this app is perfect for what I need it for and was well worth the $4.99. And now with the new fix that adds sound to the video stream, it's even better.
Review: iCam from SKJM, LLC
Purchase with this button: 
-Corby-