How to Set a Video Wallpaper on Your iPhone Using vWallpaper 2 For iOS 5
Back in 2008, vWallpaper was one of the jailbreak apps that got us all excited about jailbreaking. The jailbreak app allowed users to replace the boring static wallpaper with dynamic videos.
The goods news is that developer who goes by the handle skrew has just released vWallpaper 2 for iOS 5.
vWallpaper 2 will allow users to replace the static wallpaper with videos, cool effects like particles, 3D objects, HTML widgets and lots more.