Apple's WWDC 2008 is well underway and the live coverage from Gizmodo and others is coming in thick and fast.
Just a few moments ago Apple told the 5200 attendees that eBay will have a native iPhone bidding application ready very soon called "Auctions".
You can search (he's searching for Wii Fit), add stuff to your watch list, or even bid for new items. The standard iPhone animations are there, sliding left and right whenever you access an item. There's even a photo view with a touch strip that you can browse through pictures belonging to auctions.
Get more live coverage as it happens over at Gizmodo.