Though a lite version of the MyMedia we have seen in iPhone v1, however it provides all thats necessary.
The App is a little buggy as of now, keeps crashing – Ok Updated and now working properly
MyMedia compliments Safari Download Plugin allows streaming of Video on the web (not just YouTube), The ‘Play in Media Player‘ option now works (that starts streaming online video in the media player), apart from the Download option which already worked without MyMedia.
MyMedia downloads videos/mp3 to which you have a direct link to, so embedded content becomes tricky.
Update: Video Demo:
Expect a updated and full version of MyMedia for iPhone 2.x soon!! – full version now available
Note: Safari Download Plugin is available via Cydia.
Checkout MyMedia for iPhone v1.1.4
Cydia is an Installer alternative, that Installs on Jailbroken iPhone 2.x… Info here