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Short film shot and edited on an iPhone 4 should scare the pants off of Flip Video

We know there are a lot of doubting Thomases out there who think that the video capabilities of the iPhone 4 — both recording in 720p and editing on-device with iMovie for iPhone 4 — are grossly overstated. We even though the same thing, and everyone on staff has played around with an iPhone 4. But after watching “Apple of My Eye”, a short film by Michael Koerbel that was shot and edited on an iPhone 4, we admit that our initial thoughts were wrong. Hit the jump to check out the film. And watch out, Flip Video. Your days are numbered.

[Via Daring Fireball]

“Apple of My Eye” – an iPhone 4 film from Michael Koerbel on Vimeo.