The feature that Mashable's Stan Schroeder has been "waiting for his whole life" launches today: it's an iPhone version of FriendFeed. The announcement was made earlier today on FriendFeed's blog, and there isn't much difference noticable from the regular web version - just a specialized interface, a few more gradients, and more readable type for the smaller screen size.
For those of you who don't like pretty things, there's also an easy way to revert back to the default view.
It's definitely a wise strategic move with the impending release of the iPhone 3G, a much sought after set of eyeballs for communication and community. There are a number of developers working on Twitter clients and clones to capitalize on the new influx of iPhone users in the hopes to capture some early adopter evangelism, but the biggest competitor to FriendFeed might just be ... FriendFeed.