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There's a new iPhone application from Favstar.fm which launched late last night in the iTunes App Store. Like the Favstar website, the new Favit app (iTunes link) aggregates the "best" Twitter posts based on the number of stars they receive from other Twitter users. However, while starred tweets should in theory point to interesting and useful content that people want to save for later viewing, the Favstar service tends to favor humorous tweets instead. The new iPhone app does the same, which makes it the perfect addition to your collection of time-wasting apps for curing boredom.

As America celebrates its 233rd year of independence from England today, many red-blooded Americans will celebrate the old-fashioned way, by going outdoors, having a picnic or barbecue, decorating everything in red, white and blue and watching or holding their own fireworks displays. But in this rough economy lots of people are choosing to stay close to home. Who really wants to spend lots of money traveling, fighting huge crowds at the day's events and possibly blow off your fingers or light yourself on fire? Luckily we've got you covered.

This is a good day to stay home, watch a baseball game, throw some hotdogs on the grill, eat an apple pie and watch fireworks on your computer. earthTV, an international live TV channel, has cameras located in Los Angeles, Washington D.C., New York City, Niagara Falls and Honolulu and will be broadcasting live streams of fireworks displays beginning at dusk in those cities. If you just can't wait until then, go check out its timelapse showing Independence Day displays from years past.