Internet is an amazing place. Here you meet people with the brightest of minds that come up with the most creative concepts. While quite a few of these concepts have a mass appeal only few manage to show impressive numbers on the balance sheet at the end of the year.

The concept we are going to discuss today falls into the category where only few manage to get you excited about the concept and keep the excitement alive when it comes to seeing the records at the end of the year.

iPodMeister operates on a very interesting business model of exchanging used CD’s and DVD’s for iPod Touch, iPod Nano, iPhone 3G/3G S and HDD’s.

Users interested in exchange are supposed to send an e-mail to promo@ipodmeister.com with the following information to receive free Fedex shipping labels. (Don’t even spend on shipping)

• First + last name
• Complete address
• Phone number (required)
• Number of CDs and DVDs in each box
• Number of boxes

Once the boxes and labels arrive, just put the CD’s or DVD’s and ship it back. Users will receive the exchange item as per their request or based on the exchange chart.

Senders should also be careful with the quality of the stuff they are sending in. Company requires the senders to make sure they qualify before they send their material in.

Here are few of the things that will get your stuff disqualified

• We do NOT accept CD singles or radio edits.
• We do NOT accept CDs that have been put in albums or case logic binders.
• We do NOT accept compilations, from stores such as Virgin Records, GAP, Victoria’s Secret, etc.  We do accept CDs issued by Time Warner or Starbucks.
• We don’t take CDs which have your initials written on the CD/Cover Art or bear labels or stickers.

Click here to read more about eligible CD’s

Users who send music to iPodMeister can also request a digitized version of their music. In this case senders will receive a set of back-up DVD’s of original sound tracks they sent in. But you will have to shell out more CD’s or DVD’s than you otherwise will.

See the following chart to see how many CDs or DVDs will get you an iPhone, iPod, Touch, etc..

Click to enlarge

You can even make up by paying if you are falling short of DVD’s or CD’s. For example if you want an iPhone 3G S 32GB and only have 300 CD’s you can make up by paying $1 per CD, in this case you would end up paying $50 with 300 CD’s to get an iPhone.

You can pay for up to 50 CD’s or DVD’s only, not more than that.

I don’t know how legit the service is but I haven’t seen anyone complaining or alerting about the service on any online forums or blogs.

I decided to call on the number mentioned on the site to know more about it and if you thought just the concept was interesting, read further to know about the interesting stuff that goes on in the background.

I talk to Kris, founder of iPodMeister. Kris was kind enough to share some background information about iPodMeister.

iPodMeister is a student effort and it was formed to help the involved students pay off their educational expenses without taking a loan. There are about 6 students involved (core-team) from institutions like Queens College, LaGuardia, NYU, Colombia, etc..

That’s the core team – 6th member is behind the camera I guess! (click to enlarge)

Once the CD’s/DVD’s are acquired from the senders they are packed in the containers of at least 20,000 CD’s or DVD’s each and shipped to countries like Jamaica, Ecuador, Colombia, Italy, Switzerland, Europe, Tiwan, Korea, etc.. where these CD’s and DVD’s are sold for a cheaper price and still manage to make enough profits to keep the cycle running.

iPodMeister has strong ties with the buyers in several countries which keep the business going. According to Kris, iPodMiester has shipped thousands of containers to the countries listed above and they are still going strong.

Overall its an interesting concept that appeals to the masses. I will give it a try soon, click here If you are interested too.

In our recent article, you have read about the iPhone OS 3.1 SDK but the public release of the OS has already hit the Apple website. So, what’s the need to update or better, what’s in the update? Well, the Apple iPhone OS 3.1 update comes with  a lot of bug fixes, security fixes and  other performance and reality enhancements.

The update also packs Genius recommendations for iPhone or iPod applications which automatically creates application recommendations for your iPhone or iPod Touch based on the applications already installed on your device.

Now you can download ringtones wirelessly from the Apple for  your device, that means, download countless ringtones from the Apple Store at just a click (of course, you will have to pay for the downloads).

The iPhone OS 3.1  software also comes with genius recommendations for applications, redeem iTunes Gift cards, codes, and certificates in the Applications Store, and the ability to display available iTunes account credits in the Applications Store and iTunes Store.

Missed an Update? Update Now!

Not only this, you can use your iTunes software to just drag and sync your applications with the iPhone. Besides these, other numerous updates like better Wi-Fi connectivity when bluetooth is turned on, anti phishing alerts in Safari browser, voice control in Apple iPhone 3GS using a bluetooth headset, support for many languages and much more.

The Apple iPhone OS 3.1 is available for free download now for all the iPhone owners with 3.0 OSs (earlier versions should also do) and fixes most of the issues that you might have ever experienced with your Apple device.

But, the very sad thing about the update is, once you have upgraded to the new OS, you will not be able to jailbreak  your iPod Touch or iPhone leaving you the only choice of learning the art of patience until another update for the Apple iPhone OS is rolled out.

Just hit the link below for the complete info about the Apple iPhone OS 3.0. And yes, remember, the Apple iPhone OS 3.1 Free Download is literally free for all iPhone users running iPhone OS 3.0 while you have to shell out some $4.95 to patch up your iPod Touch with the update.

Click here for Apple iPhone OS 3.0 Complete Info.

Click here to free Download Apple iPhone OS 3.1 for your Apple iPhone or click here for updating your iPod Touch.

Many iPhone users, especially those who explore the internet capabilities of the iPhone or rely on it for round-the-clock entertainment fear every second of the rapidly melting battery backup, which is quite a universally accepted belief.