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Garafa's GPSKit for iPhone provides you with more advanced GPS functionality and tracking for your iPhone.
- Dashboard - see real time information
- Tracks - save your path, view in Google Earth or Maps
- Waypoints - Save points of interest
While GPSKit's solution is $9.99, there are other applications on the App Store that provide portions of similar functionality:
- GPS Tracker - real-time tracking service
- Speed - real time speedometer
- PathTracker - real time stats, save your path, also for runners/bikers
- Speedster GPS - speed and altitude in real time
- gpsCompass - real time stats
- Distance Meter - distance tracker
- iTrail - distance and path tracker for runners/bikers
- RunKeeper - track running/biking paths and stats
All of these applications require an iPhone 3G with GPS for best performance. The makers of GPSKit provided this video demo of their app.