Folks over at Engadget have got their hands on a neat little iOS app called AirView which will transform your iOS devices into AirPlay video receivers. How? See for yourself after the break.
The iOS can also output video via AirPlay, it means you can use AirView to either grab AirPlay streams from your computer's iTunes, or you can stream videos from one iOS device to another, given the fact that both of those devices are running iOS 4.2 or above.
There are no tedious tasks linked to it as well, just launch the app and then play your desired video clip from the source and finally pick your client device using the AirPlay button.
Engadget says:
none of our purchased videos worked, even though AirPlay supports DRM content -- the assumption is that AirView lacks the component for receiving authorization key. Alas, we stuck with our, ahem, homemade videos which actually worked very well over both iTunes-to-iOS and iOS-to-iOS connections, although sometimes we had to relaunch AirView and the iPod app to start a new stream.
By the looks of it, AirView is a nifty little useful app that makes it easier to view your favorite content across your favorite iOS devices, however given the fact that it may not play DRM content and may have to be relaunched a couple of times.