A new app has been released to add to our collection of iPhone hacks, allowing you to use a video as the wallpaper of your iPhone. Heck, you could actually record a video using the iPhone video hack, and use it for your background. Note, this also works with the iPod Touch. The software can be downloaded here and you can watch a video demonstration of it above and below. For example, you can download a matrix theme as demonstrated in the video above.