One of the new iPhone 3.0 features that Apple happily touted when they introduced the new OS is HTTP Streaming Media. Now, the common man may not exactly know much about HTTP Streaming, so let’s break it down for a moment. HTTP Live Streaming allows a server to server multiple versions of the same media file, and serve the one that will perform best for you depending on the amount of bandwidth you have available. If you move to an area with a higher or lower amount of bandwidth while you are viewing a piece of content, the video will be dynamically improved or degraded so that you get the best experience. Very cool, right?

If you want to give it a try, you can do that right now at the iPhone 3.0 Video Showcase, which is hosted by Akamai. Visit the site on your iPhone for the full effect, of course.