CES 2010 has had a lot of pretty neat things shown off during the week and here is one iPhone App I happen to really like.

The L5 App and Device that turns your iPhone or iPod Touch into a remote control for your home entertainment system.
It's customizable and much less than buying a universal remote.

Web Site Link:
Press Release Link:

How Does L5 Remote Work?
Consumers will purchase the L5 Remote hardware – an adaptor measuring 1.25 x .85 inches – and plug it into the iPhone or iPod touch docking port. They will then be prompted to download a free app from the iTunes App Store, which allows them to simply drag-and-drop any desired combination of buttons to create their own perfect remote control interface. A short, guided training sequence follows, resulting in a smart remote control that replaces their pile of old remotes with a single powerful and convenient one.

Using infrared technology, the L5 Remote will be able to control any number of devices in any number of rooms. Consumers will be able to easily set it up to control products in the living room, bedroom, office, or any other location. The L5 Remote will work to a distance of approximately 30 feet.

The L5 Remote is portable and does not require batteries, Wi-Fi or external power to work. The product can control thousands of devices, including TVs, cable boxes, stereos, DVD players, ceiling fans, air conditioners, and many other products.

Neat Stuff and don't forget to look at vince1 post for another neat App/Device combo shown off at CES 2010