The XBMC app for iPad, iPhone 4, and the Apple TV is now available. The following method will allow you to install XBMC on your jailbroken iPhone or iPad.
XBMC for iPhone is not just a remote, it makes your device “a real portable media player”. This app will allow you to drag and drop media content from your computer, or share it on your home-network. Most of the formats will be played fully hardware accelerated.
This method currently only works with the iPhone 4, and the iPad
Step 1: Start Cydia on your iOS device.
Check out our iPhone Apps Gallery and iPad Apps Gallery to explore more apps for your iPhone, iPad and iPod touch. (via XBMC)