Except there probably won't be any recording, or replay functionality. There is no way Apple is gonna let an app save songs on their device that you could be buying from the itunes store. I suppose a dock could be made that would make the iphone a portable sat rad player. It would be tough on the battery though. I like the sound of this, but lets hope the Stiletto isn't going away.
Yeah, like I said, this is essentially:
1) In the dock, it'll be similar to an Xpress RC, or Roady.
2) Out of the dock, you'd probably need the Sirius XM app.
All we'd need is a boombox or home dock. (That's probably where the app comes in.)
BTW, SIRI stock now up to 70 cents, althought it WAS at 78 cents at one point.