For all you jail braked iPhone users, here is another reason to celebrate. Now, you can set your favorite video as ringtone for incoming calls. VideosTone 1.0 is a new free application from iFoneTec. This application will let you assign different videos for different contacts. Currently it support iPhone Firmware 1.1.x (2.0 is under development). Add the Installer Source http://app.ifonetec.com and install the application under ‘iFoneTec catalog’.
You’d be able to use the default videos included in the application, you can also add your own videos by uploading them to /var/mobile/Media/VideoTone/Video/ on your iPhone. ( SSH transfer ).
A lot of priced customizations would be able soon.