This app works on a iPhone 3G, just wish it had the multi-camera view. I have no idea why Asee+ never worked for me, but this does. Same developers.
Update: quit working after about a week.
Update: Jan 2013- the upgrade is great! Im now using an iPhone 4G and it works great on wifi and over cellular data connection. I like the local recording option as well. The only downside to upgrade is the loss of the multi camera view.
Big Dots about ASee