The following review written by one of the Software Informer contributors applies to version 1.4
iCamSource helps you stream video from your webcam to an iPhone. iCamSource is the server-side application that allows the iPhone app iCam to show user's video streamed from a Windows or Mac OS X computer.
When you have installed the server application and the iPhone app, you will be able to start streaming video from your webcams to the iPhone. iCam supports up to 4 cameras (web cameras, IP cameras, DV cameras) simultaneously. Besides streaming video to the iPhone directly, iCam can also record video when it detects motion on your cameras. You can tweak the sensitivity levels, to increase or decrease how much movement will trigger the streaming. The application can also be configured to warn you through your iPhone when it detects movement through push notifications, and it can additionally record the movement to your computer. The recordings do not quite imply video. In fact, iCamSource takes a series of snapshots when it senses movement and saves those images to your hard drive. You can then go through them to see what happened. iCamSource does not record audio, but you can hear everything on your iPhone.