The best thing about the iPhoneis the way people will be creating applications that we never even thought about. Blu-ray Disc solutions provider NetBlender is working on a software kit that will allow developers to integrate the Playstation 3’s Blue-Ray playback. This should allow two-way interaction between the two devices, with video and sound a possibility.

Denny Breitenfeld, the CTO of NetBlender, told Gizmodo,

“One idea is to automatically pull up IMBD of the movie you are watching right on your iPhone or send the movie information a movie database on your phone,” he explained. “The ideas are only limited to what people want and will use.”

The possibilities are endless! Now we just need media streaming from the PS3 to the iPhone and we’re laughing.

Full story at AppleInsider.