We just came across a neat little iOS app called AirView which, as you can probably tell from the name, transforms your iOS devices into AirPlay video receivers. And since iOS can also output video via AirPlay, this means you can use AirView to either grab AirPlay streams from your computer’s iTunes, or you can stream videos from one iOS device to another (provided that they are both running iOS 4.2 and above, of course).
via engadget.comWorks well for me. No photo or DRM support in this version. I’m surprised Apple approved this, and I’m more surprised they didn’t build this in themselves.