The First iPhone 4 Music Video

From Flakjakt.  The song is "Cascades" (and it's good), but IT WAS SHOT ENTIRELY ON A FREAKIN' CELL PHONE!  Ok, I'll calm down.  I posted a clip earlier in the week about a short film that was also shot entirely on an iPhone 4, but am I the only one who is amazed at how good the quality actually is on this thing?  I know these are talented directors, but good lord.