Wow! This is pretty mental. I know a while back someone had managed to get a Linux kernel running on the iPhone, but there wasnt much to see and I soon forgot about it. It appears now however that PlanetBeing from the Dev-Team has managed to take an Android build and get it to run on the iPhone! Check out the video of it below:
Very cool stuff. I cant wait to see some Flash 10.1 running on that!