CNN launched their CNN Mobile iPhone app today, and it will bring full print and video news reports, and even allow users to record their own news/eyewitness accounts of stories and submit it, if need be.

More from the app description:

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“Maximizing the revolutionary features of iPhone OS 3.1, the new CNN App showcases news of the day through text, video and photos. It also features live breaking news video, push notification, localization and personalization tools, user-generated content capture and upload functionality through iReport, and more.

“The CNN App has what we think

is one of the best user experiences around, and will quickly become an essential daily news source for many iPhone and iPod touch users,”said Louis Gump, vice president of CNN Mobile. “We tailored the best of CNN specifically for them, whether they check in from the beach, the airport or the ballpark.”

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You can even personalize the news to bring local events and new reports, weather, and videos of local interest to your iPhone. It all sounds pretty solid to us.

The app sells for $1.99 in the App Store right now.

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