Traffic Pilot for the iPhone is in the Works

Berkeley's traffic.berkeley.edu confirmed that they are working on the iPhone version of the software, that uses the cellphones with the GPS to analyze traffic conditions. The users of this software recieve realtime traffic updates using their cellphone.
This surely will be one of the "killer" iPhone apps out there. There is a gotcha, however. The project is run with Nokia as one of the partners, so I am not sure that they would agree to release an application for a competing platform.