Install XBMC for iPhone, iPod touch and iPad
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Add this repo in Cydia: http://mirrors.xbmc.org/apt/ios/
State of Jailbreak: http://stateofjailbreak.com
In this video I give an overview of how to install and a tour of XBMC for iPhone 4, iPod touch 4G and iPad. XBMC is an excellent media player that allows you to watch many additional video formats with full support for hardware acceleration.