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Apple has just put up a press release [announcing the availability][2] of YouTube for AppleTV, which was announced several weeks ago. Apple TV owners can grab the new service via Software Update.
But the bigger news in the announcement is that YouTube will also be available on the iPhone. Both services will features content encoded in H.264, the higher quality codec used by Apple for most of their video services.
Interestingly, the [demo video][3] of the iPhone-YouTube functionality makes it pretty clear that the new feature **is not** just a browser-based app, which further supports the argument that even Steve Jobs knows [real apps are better than web apps][1].
Apple says that 10,000 YouTube titles will available to iPhone users when the product launches on the June 29th with the rest of the vast YouTube catalog arriving later in the year.
[1]: http://blog.wired.com/monkeybites/2007/06/steve_jobs_real.html "Steve Jobs: Real Apps are Better Than Web Apps"
[2]: http://www.apple.com/pr/library/2007/06/20youtube.html "YouTube Live on Apple TV Today; Coming to iPhone on June 29"
[3]: http://www.apple.com/iphone/internet/?feature=feature05
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