Thanks to the iPhone’s great interface and technology, reading books on the iPhone now has becoming an exciting experience  (and a big business, also).  Wattpad announced that its popular ebook reading application is now downloadable directly on the iPhone for free.

There is no doubt that the iPhone is going mainstream now. There are now more than 6,000 iPhone games on the iPhone application store, according to iPhone app tracking site Mobclix.

According to PCMag blogger, Larry Seltzer, there are serious security implications behind the jailbroken iPhone. [Apple has recently publicly saying that "jailbreaking" an iPhone is breaking the law and voiding the warranty.]

iPhone Developer contracts are not as easy as one would hope if looking to renew. As the year closes since the doors opened for developers to make their own iPhone Applications, some may not be able to renew.

The long awaited iPhone 3G will be launched in Indonesia on March 21 and will be available on retail market starting March 23, a site reported. The country’s biggest operator Telkomsel, the sole operator, will team-up with four major distributors, to sell the Apple’s shiny devices. Following  its neighbor Indonesia, Maxis Communications Bhd will be launching the iPhone 3G in Malaysia this March 20, offering various postpaid plans.

For a moment, two iPhone prototypes were for sale on eBay. There was also a supporting YouTube Video, although before you try to find them; they have both been pulled.

Watchmen: Justice is Coming app is now available for just $0.99. Adventures through the Red Light District, Cemetery and City Park await.  While “American Idol Season 8 Exclusive” follows the quest of this seasons American Idol Top 13 finalists. Released today by FremantleMedia Enterprises (FME) and Zumobi, the app is available for $1.99.

A controversial new online store called Cydia Store opened late last week offers unauthorized apps for jailbroken iPhones.  Apple launched its popular online store back in July, and it has become wildly popular.

In an interesting twist to the current state of things iTunes app wise; are double standards now at play? Mippin have been having trouble with an Application for weeks, while their indiscretions are live through competitor.

Apple have announced a special event on March 17th, where the company will launch the iPhone OS 3.0 Software. As usual, it has triggered a lot of speculation about what might be coming in the new release.Mac Rumors cited Boy Genius Report that claims to have heard two most-awaited features: MMS (Multimedia Messaging Service) and tethering.

Facebook on Saturday finally launched the new Facebook Connect for iPhone at the SXSW in Austin, TX. First announced last July, Facebook Connect for iPhone does similar functions like the PC version, allowing Facebook users to login to affiliated sites and share with their Facebook friends.

CBS Sports has launched a new mobile application for iPhones and iPod Touch, allowing iPhone users to watch the live stream of upcoming NCAA March Madness basketball games. It’s available in App Store and costs $4.99.