I have to say, this is one of those apps that could easily be web based. I’m not into hacking my $600 Phone, and I don’t really recommend it to anyone, but if you really want to, you can find it here.
I mainly posted this because I’m hoping to spark one of your imaginations into creating a web-based ebook application for the iPhone. I recently wanted to read Peter and Wendy, the original Peter Pan novel, and, since the the full text is public domain, I simply downloaded it, formatted it to fit the iPhone, and uploaded it to a private server. It works perfectly…I just don’t have time to start an iPhone based ebook business…so…one of you…get after it.