One of the most talked-about features of the recently released iPhone 4 is its inclusion of a mobile version of the iMovie video editing software.

Since the device came out, mobile video enthusiasts have been creating video packages shot and edited right on their phones.

If you just got an iPhone 4, we want you to make a one-minute video package shot and edited on your phone with iMovie. Topic is up to you. Share it with the CNN iReport community, and tell us how you made it.

What did you enjoy about the process? What was a chore? What challenges did you face editing with a relatively small screen? Show us your movies edited on the go.

Further reading:

- Vimeo weekend project: iPhone 4 movies

- 'Apple of My Eye': An iPhone 4 film

- Video: iMovie tips and tricks

Update: This assignment is now closed. Check out this story about iPhone 4 iMovie editing that features some of the iReports.