WebCamera is a new iOS app from Mobiola that allows users to turn their iPhone into a web cam. Currently, the application is priced at $2.99.

The application works like a charm. WebCamera is capable of capturing a variety of different resolutions (192×144, 480×360, and 1280×720), and works with many different services (Skype, Yahoo, Windows Live Messenger, AIM, ICQ). Essentially, if you often find yourself needing a more portable web cam when making video calls, WebCamera is the app for you.

If you like the look of WebCamera, be sure to check it out in the App Store. As mentioned, it’s available for $2.99. However, it is only compatible with the iPhone 4 and iPod touch (4G), running iOS 4.0 or later.