https://www.youtube.com/watch?v=43nQwJBayHA
CollabraCam links video from multiple iPhones and feeds them into another iPhone that controls live, multi-cam editing.
Utilizing an ad-hoc Wi-Fi network [It requires a wireless LAN, but not an internet connection] to get all the phones networked, the idea behind CollabraCam is that minimal—if any at all—post-production is necessary. However, if your backyard wrestling masterpiece requires the services of a more intensive video editor, it will let you export your video project file. The app is $6 and available now. [CollabraCam via iTunes]
