“Steve, stop holding it back. We want iMovie on our iPhone 3GS. We didn’t upgrade just to be left in the dust,” Nick Hesson writes for ModMyi.com. “We still have video, there is no reason that iMovie shouldn’t work on the 3GS, besides the slower rendering. Come on Steve! Why are you holding out on us.”

“Well Steve, if you won’t do it, someone else will,” Hesson reports. “An upstanding fellow by the name of David Romhan Torres, has managed to ‘port,’ more correctly put, modified, the iMovie app to work on the iPhone 3GS. And guess what? It actually works just fine.”

Hesson reports, “Taimur from Redmondpie, has put together the video above to demonstrate what David has done. As you watch the video, you can see that the application works just fine. Ok so you can’t export an HD video, but that’s should be clear as day, because the iPhone 3GS doesn’t record HD, so obviously that won’t work. But you can still edit, make transitions, and export the final product just fine.”

More info and links in the full article here.

[Thanks to MacDailyNews Reader “Andrew W.” for the heads up.]