IM capability is at or near the top of many (dare we say most?) smartphone users' lists of must-have features, so if anything, we're a little shocked it took this long for a native IM client for the iPhone to find its way into the public domain. Apollo IM is in the early stages of development at this point, buggy (by the developer's own admission) and capable of supporting AIM alone; future revisions, though, promise to deliver a full fledged product with support for the typical range of notifications and services. Click on to grab it if you dare!

[Via Boy Genius Report]

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Apollo IM does native AIM for the iPhone