Rejoice, exhibitionists of the world, for TweetReel for iPhone will allow you to record videos at 640 x 480 pixels and tweet them. At last, your drunken thoughts and sexual mishaps available to your 26 followers in full high-res detail.
It's pretty easy: Download Tweet Reel to your iPhone 3GS, open it, make a video, write a tweet, and share with the world using TweetReel.com, much like you do know with pictures and services like yfrog. Perpetual 480p personal embarrassment is only $3 away. [iTunes App Store]