That Digital AV Adapter announced for the iPad is compatible with the iPhone 4. Does that turn the iPhone 4 is a portable Apple TV in a sense? The cable uses HDMI and displays 720 out. And once developers take advantage of it (i.e. Netflix), you have a basic Apple TV right? Granted, there is no remote & the cable is $40. But, it would be great to go to someone's house & just use your phone to output HD home movies or a show on Netflix. I'm not familiar with iPhone's limitations on video out, so that's why I wanted a discussion on this. Thanks!