The placeshifting leader, Sling Media, is prepping support for Apple’s iPhone at long last.

With it’s beautiful screen, and ability to stream media from other sources, it seemed like that Sling Box technology was a natural fit for the iPhone, but yet we weren’t seeing an appearance of an application for it.  However, it does seem that good things come to those who wait as they have finally announced that we can expect a release in the first quarter of 2009.

For those unfamiliar with what a Sling Box does, with just a few cables, and two little infra red emitters, you are able to login to your player from anywhere in the world, and watch your home television.  Say you are on a trip to South America, but you want to catch up on your soap operas while you’re away.  If you have an Internet connection, you can be watching your home television in a matter of moments, and even accessing yoru DVR, setting up future recordings and more.

This is not the first mobile device Sling Media has released an application for, but it is probably one of the most anticipated.  The application will be free to use during the beta test, but will cost $29.99 when it officially launches.