The newest iPhone/iPod Touch application that is making the gear heads excited is Dynolicious. What is it? From their site.

>Dynolicious is the first automotive performance meter available for the iPhone and iPod Touch. Dynolicious uses the hardware built-in to your iPhone to measure the performance characteristics of your vehicle. No external wires or equipment is necessary, simply slip the iPhone into a cradle or cupholder and go!

It’s available in the App Store for $12.99. But how does it stand up to the $150 G-Tech and the dyno? The guys over at take it to the track to find out.

Pretty impressive if you ask me.

[ iPhone Dynolicious Software More Accurate than G-Tech? ]