Well your iPhone has so many accessories, like TV tuner, Blood pressure Monitor device and so on. With AAXA P1 Pico Projector, you can even use your iPhone/iTouch as a projector, This projector can increase the video size up to 50” (thats too much for such a portable device.) with 640 x 480 pixel resolution the AAXA P1 Pico Projector does a fine job, All you need is a WhiteBoard (obviosly you will use it in dark room 
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The best thing about this accessory is that you can even use it as standalone device and it supports lot of other portable media devices, like PSP, Zune, iPods and so on. It comes with an onboard 1GB of memory, and it supports 2GB of external microSD card. It can play almost all the video formats like AVI, MPEG1, MPEG2, MPEG4 3G, WMV9/VC1, ASF, RM/RMVB, and FLV formats. Audio formats include: MP3, WMA, WAV, APE, FLAC, AAC/AAC+, and MPEG1/2/2.5 formats.
It can display JPEG, BMP and GIF image formats. It even can reasd text files, with its inbuilt ebook option. This device has an small internal fan too, keep it running cool, the sound of the fan is minimal. Battery life is expected to somewhat around 2hrs.
The package includes a red/white/yellow RCA to 1/8″ 4- conductor audio/video cable, 100 to 240 vAC to 5vDC 2.0 amp charger, a simple owners manual, and the P1 with it’s (removable) lithium battery inside. The AAXA P1 is one inch thick, 4.1 inches long, and 2.3 inches wide.
AAXA P1 Pico Projector is a available for $219, which is reasonable I think.
iPhone / iPod touch downloads
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