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Citing anonymous sources, the Apple news site says the functionality of the application will be similar to what Apple built into the iPod Nano. That includes the ability to pause live FM transmissions and fast-forward when you resume playing.

According to 9 to 5 Mac, the delay in getting the app to market is Apple’s decision to integrate it with the iTunes Store, which is built into the devices. With this integration, people will be able to tap on a song they hear on the radio and buy it through iTunes.

Of course, Apple wouldn’t be the first company to offer some type of FM functionality on the iPhone. Applications like Wunder Radio have been around for over a year and enable people to stream Internet radio to their iPhone and iPod Touch.

The big advantage Apple would have is linking its application to the iTunes Store, which creates the potential for more revenue.

Sonos, the home music system folks, just announced the forthcoming Sonos ZonePlayer S5, a wireless music system that works seamlessly with the iPhone via the free Sonos Controller App to bring all the music the Internet has to offer into the home. Unlike traditional docks, you don’t have to leave your iPhone docked and out of use to enjoy music, just queue up whatever you’d like to hear and slip your phone back in your pocket while the S5 streams your tunes.

Sonos ZonePlayer S5 features:
• Full control of your music experience with your iPhone, iPod touch, PC, Mac or Sonos Controller including your iTunes library and all of the popular online streaming services such as Pandora, Rhapsody, Napster, Siruis
• Crystal-clear, room-filing sound from 2 tweeters, 2 mid-range drivers and subwoofer built in
• Access to music from your iTunes library and most every online music service/internet radio station
• Best-in-class wireless technology for multi-room music
• Simple setup & expansion – simple to add rooms

qStatus is a one of a kind status update application that lets you tweet and update your Facebook status like never before. It is straight to the point, super fast, ultra cool and darn effective. qStatus saves you the hassle of updating your Facebook status and Twitter separately by doing both for you instantly.

-Instantly update Twitter and Facebook or either
-TwitPic Support
-TwitVid Support
-Tweet Shrink and Tweet long
-Tweet your currently playing music
-Dedicate the current song your playing to your friends
-Customizeable background
-Tweety bird update sound

Speck launched today its completely redesigned one-piece polycarbonate SeeThru hard shell case for the iPhone 3G and 3GS. Expanding upon the already immensely popular SeeThru designs, these stylishly sleek patent-pending cases offer iPhone 3G and 3GS owners the ultimate defensive buffer from the abuse of the normal daily hectic lifestyle. Images of the new SeeThru cases can be found at http://www.speckproducts.com/content/seethru-for-iphone .

“If you were a fan of our initial SeeThru release for the iPhone 3G, you’ll fall head over heels in love with our new single-piece design,” says Irene Baran, CEO of Speck. “The new cases maintain the sleek looks of the iPhone while adding the simplicity of a more flexible one-piece design and extra level of comfort and grip to help keep your phone scuff and scratch free.”

The stylish and translucent, form-fitting case features all the protective benefits from the previous generation SeeThru, but has been updated to an easy-to-use single-piece design that also includes an integrated rubberized grip ring around the entire front bezel of the case for superior grip and increased shock-absorption. And true to SeeThru’s minimalist, lightweight mission, the case also protects without adding bulk and offers complete access to all controls, buttons and sensors. The new SeeThru cases come in a variety of colors to please any iPhone user, including clear, black and pink. The additional colors of aqua blue and red are available exclusively through AT&T online and retail stores. Red is also available internationally. All new SeeThru cases for iPhone 3G and 3GS are $29.95 MSRP (USD).

Symmetrix is the only application in the App Store that gives the ability to create hilarious symmetric pictures from photos yourself, your friends, family, and your favorite celebrities.

Simple and ingenious, it uses a mirror effect which creates an instantly funny and interesting symmetric image.

The Symmetrix launch will be accompanied with a photo competition. The best images in the competition will prizes like Livespeakr, Pogo stylus and iPopperz.

The TomTom Car Kit is on the US Apple Store right now for $199.95 with free shipping. The catch is that the kit is listed as not shipping for 2 to 3 weeks. If you use your iPhone as a navigation device a lot, this may be a good item to get.

The TomTom kit is expensive, but it offers a built-in speaker, TomTom maps, a docking station, and more for your money. Nav apps suck some battery life if you don’t have the iPhone plugged into the power outlet while in use.