iPhone 4 Video Achieves New Heights - HD Aerial Video
So, take three helium filled party balloons, convince a friend with an iPhone 4 to allow you to strap it to a makeshift platform under the balloon (no way you're going to use your phone, right?), and release the whole contraption with a very long kite string tether.
I know. I've become obsessed with iPhone 4 video. Sooner or later I'll get back to the Canon 5D Mark II :)