iPhone gets the ability to teleport people forward and back in time will probably be the next headline. This one though, is that you can emulate Playstation (the first one) games on your iPhone or iPod Touch. Titled psx4all, developed by guy who also created gpSPhone, can play around 75% of games, still in development and uses software and hardware buttons to play games. If you had donated to the gpSPhone project you are probably already playing around with this, but otherwise there is no current public release of the software. Who wants to play PS1 games on a freaking touch screen, really people this is getting out of hand!
For more info, jump over to the ZODTTD Website.