Rumors have been going around about Hulu coming to the iPhone and I couldn’t be happier. If it’s possible to get similar quality videos to stream to my iPhone as they do on Hulu.com, then I’m all in. Supposedly Hulu is planning for it to work over WiFi and 3G. Streaming full length Family Guy, Daily Show, and Heroes over 3G? Hell yeah!

Of course there’s the issue of whether or not Apple will approve the app just like their hesitation to approve the Sling Player app but Silicon Alley Insider (the source for this story) has thoughts on that:

Why would Apple and AT&T approve this app, which will use up a lot of bandwidth and compete with Apple’s iTunes video store? Because it will help sell iPhones, iPod touches, and AT&T subscriptions. And that’s the whole point of the App Store. (And if we were Hulu, we’d offer Apple and/or AT&T an ad revenue-sharing deal, too.)

Let’s hope this app gets streamlined through Apple so we can all enjoy the free, limited commercial, beautiful quality, online TV and movie content of Hulu on our iPhones.