The neat part is that it's also a tripod mount. Since the iPhone 4 shoots HD video, you can attach it to your tripod to shoot and then prop it up on a desk to review your footage. Neat, eh?
The guys are looking for funding to get an initial run produced, and they're looking for supporters. For US$20, you'll essentially pre-order a Glif while pushing them towards their goal of $10,000. (We don't know what happens if you donate and they fail to reach their goal.)
It's a cool-looking device. Good luck, guys. Click here to watch a promo video.
[Via Daring Fireball]