If you are like me, using the bicycle as the main mode of transportation, then you might enjoy iPhone Bike Mount. It is offered by USB Fever, and costs only $14.99.

You mount it to your steering wheel, and can enjoy a good movie, browse internet or check emails while riding the bike! What else can one want!
On a serious note though, none of these things should be done. What it would be really useful for is using maps or listening to music. It might come very handy once the 3G iPhone becomes available, with its GPS chip.
Be aware not to front-brake too hard, and protect your iPhone from the elements.
Thanks: UberGizmo
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