TUAW reports that Apple has released iMovie for iPhone 4 on the App Store
iMovie for iPhone 4 arrived on the App Store tonight, just hours before the official 7:00am launch of the iPhone 4. As promised during the WWDC keynote, the iMovie app brings the ability to edit and share videos directly to the iPhone. From transitions to titles, to adding background music to your clips, iMovie promises to offer powerful editing features that you don't typically find on a mobile device.iMovie for iPhone 4 is now available
Along with the release of the app, Apple has posted a list of frequently asked questions, as well as instructions for exporting videos from iMovie. Curiously, while the instructions detail how to export your videos in full HD (at a resolution of 720p), the summary at the top of the page suggests that your video will be scaled down to 568x320 if uploaded to YouTube, MobileMe, or sent via e-mail from the phone. A third support document posted this evening further confirms this to be the case.
