Ever been talking to someone on your cell when something so amazing happens that you utter the time-honored phrase, "I wish you could see this"? If both your phones are equipped for Cingular's Video Share, they can. Just press the camera button to start streaming video, shot by your built-in cameraphone, right to your friend's mobile — live (in the picture above, Cingular rep Larry Meyer is streaming his smiling face to the mobile in the foreground). The streaming phone automatically switches to speakerphone mode so you can avoid having to awkwardly hold the phone by your ear as you shoot footage.
Video Share works only if you're on Cingular's 3G network (about 160 areas in the U.S.), and is now in the trial phase, to become fully operational by the end of the year. Unfortunately, right now only one phone has the goods to use it: LG's CU500V, which would have to be at both ends. Even worse, it won't be free — the company's planning a per-minute fee that's yet do be determined. And the stream is strictly one-way.
I'm not often in situations where I need to stream live video in lieu of just shooting some clips and sending them later, but various gotta-have-it-right-now occupations (stock brokers come to mind) might find Video Share useful. And it's a step in the journey toward two-way mobile video telephony, which I think we can all agree is the end goal of human civilization.