I got a heads up from a former co-worker about a new app he’d been working on called Poptiq for the iPhone and iPod Touch. The app positions itself as something along the line of the popular music service Pandora, but for videos. Since there is no way to view Flash video on your iPhone, this is a revelation for anyone who loves watching online video.

The app uses an available Wi-Fi connection to download videos to your iPhone based on what you like. All you have to do is rank, using an onscreen slider, a few intro videos and you’re off to the races. The app will then start downloading videos based on your tastes. I spent about an hour last night using this app and the videos just kept coming fast and furious. The video selection was pretty decent though I found I quickly skewed it a bit too much. After enjoying 2 Onion videos I ranked highly all of the sudden I had about 8 videos from The Onion. It samples from all sorts of different sources, so it’s got a pretty wide array of video available. I saw lots of stuff I had seen before, but of course the app has no way of knowing what I have and haven’t seen.

The best part is that the service downloads and keeps the videos there, so you can load the service up have lots of video content to keep you occupied in between times when you don’t have a Wi-Fi connection. You can use this app on 3G and Edge networks, though an unlimited data plan would be highly suggested. From the hour I used this app my iPhone was just cooking by the end, so I would assume battery life would be at a premium if you chose to use it on the go.

All I can say is download this app, it’s probably the best app I’ve used so far from the App Store. You can download it for free in the iTunes App Store until September 24th, so get it while it’s hot.