As promised during the recent Apple developer conference in San Francisco, the mobile version of Apple's iMovie software is now available for download from the iTunes App Store. iMovie, which works only with the new iPhone 4 (also publicly available as of today), lets you create HD movies using video-editing controls and features similar to those found in the iMovie desktop software for Mac. Sponsor According to the app's description, iMovie for iPhone includes specific features for multi-touch, like the ability to tap to add or record video, drag to trim lengths of video clips or photos, pinch to zoom the timeline and slide to scrub through the video in your iMovie project. First Impressions The app also comes with a variety of themes (Modern, Bright, Playful, Travel and News) which each offer their own set of titles, transitions and soundtrack.