mCommerce: Magento iPhone Optimized Theme Available via Magento Connect
A new iPhone optimized Magento theme is now available via Magento Connect. As part of the upcoming Magento 1.1 release, automatic detection and delivery of packages, theme(s) (templates, skins, css, layouts) based on the user-agent (client) may be associated on a global, website and store view.
Magento is now mobile ready for every out of the box implementation.
UPDATE: Browsing demo.magentocommerce.com through iPhone displays the new optimized theme.