Get YouTube video clips on iPhone

The iPhone mania needs no further encouragement, but somehow Apple still manages to surprise and delight. Just two days after revealing that they managed to increase the iPhone’s battery life, Apple has announced that you will be able to view YouTube videos on the phone.
A new Apple-designed application on iPhone will wirelessly stream YouTube’s content to iPhone over Wi-Fi or EDGE networks and play it on iPhone’s 3.5 inch display. Apple promises that there will be at least 10,000 videos available for the iPhone by June 29th, with more added each week until all YouTube videos are in the iPhone-compatible H.264 format.
Even if ZDnet does hate the iPhone, it seems that right now, Apple can do no wrong.
So what else could Apple be announcing another two days down the road?