Heading says it all. I bought a 16 GB Black Iphone, but question if I really need the room. I may return it and get the 8 GB version. Does anyone know how much space a 2 Hour film would take up memory wise? I'll be ripping using Handbreak. Lastly, I have a light emitting from the left hand side of my Iphone, between where the chrome bezel and screen meet. You can see it in the dark or in low light when the screen is on, and my friend says I should replace it. Thoughts? Thanks.