The camera in the iPhone is a 2Mp camera capturing pictures at 1600 x 1200. It achieves this through an extremely small fixed camera lens on the back. As I was taking a picture while moving the phone in a circular motion, I noticed that the frame rate on the display was creating some strange warping effects (see picture on the right). This reminds me of those very early VGA digital cameras where the scan rate was very obviously top-down and left to right making fast-motion images appear to be skewed or warped.
Just an observation is all..