The OWLE Bubo is a camera mount that brings the best features of a camcorder to the iPhone 3GS, iPod Touch 4G, iPhone 4: stability, optics, microphones and tripods! The OWLE Bubo is made of a solid piece of aluminum, making it virtually indestructible. The OWLE Bubo comes standard with 37mm lens threading, as well as a 0.45x wide angle/ macro lens combination. This is a real piece of optics, delivering stunning images with better color saturation, contrast and sharpness than is possible with the iPhone’s camera alone. The wide angle lens accepts 49mm screw in filters which are sold separately. The OWLE Bubo provides 4 x 1/4″-20 female threaded mounting holes (1 on top and bottom of each of the 2 hand grips), as well as having a cold shoe mount and recesses allowing access to important areas such as the 3.5mm jack and bottom port of your iPhone while the iPhone is docked within the Bubo. Unseating the iPhone from the OWLE Bubo is easy even for those the thickest fingers thanks to the ergonomic access port. Watch the videos below to learn more!

Read a very nice review prepared by Gizmodo here