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That's very good news.
Since the iPhone app is a new app, I understand that it may take longer to get approved by the App Store than the regular app update. While I have been patiently waiting for several months by now, I can't help feeling excited about it, as it will finally become a reality.
I know that I won't be disappointed, as I have tested the beta version. Judging from your team's track record, I believe that the product version can only be better. I'll be more than happy to buy the new iPhone app at the same price point of the iPad app, as soon as it hits the store!
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