First Look at KaleidoVid - Video Kaleidoscope for the iPhone

KaleidoVid is a fun little app from App Cubby and Polar Bear Farm. Two developers that spend their time making serious apps decided to take a little break and create something fun. Seems like a great idea!

The app is really pretty simple. It's like those little cardboard tube kaleidoscopes we all had as kids. Fire up your iPhone (this app requires a camera), and point the camera at something colorful. The app takes a triangular part of the image and reflects it just like the ones you had as a kid. I guess the difference is those cost 75 cents, this one costs $500.

The app lets you grab the screen at any time and save it as a unique image or share it on Twitter, Facebook, or via email. Pretty good way to create unique backgrounds for your iPhone too.

The app is available now for the crazy price of just $0.99.