The official iPhone app of my favorite late-night talk show has just been updated with a couple of neat features.

I am, of course, talking about Conan O’Brien Presents: Team Coco, which just received its significant 3.0 update.

Conan O’Brien Presents: Team Coco 3.0 brings an improved design. But more than that, it delivers two great features that were previously available only on the app’s iPad counterpart.

First, there’s Sync, which lets you, well, sync your device with “Conan” on TBS. With this feature enabled, you get to receive app-exclusive content and conversation in real-time with the show.

If you can’t see the video embedded above, please click here.

Second, version 3.0 of the app finally brings the ability to watch full episodes of “Conan” on iPhone and iPod touch. That’s in addition to the already existing ability to watch individual celebrity interviews, comedy sketches, musical performances, and online exclusives.

Optimized for iPhone and iPod touch running iOS 5.0 or later, Conan O’Brien Presents: Team Coco 3.0 is available now in the App Store for free.

Embedded above is just one of the many videos you can watch in the app. This particular video shows Conan’s “reviews” of some of the films in contention for the Oscars tomorrow night.