Valve has released Steam Mobile for iPhone and iPod touch into the App Store. Sort of. It is available to download and install on your iOS device, but unfortunately you need to be part of a limited beta to actually begin to use it. We are sure this will change fairly soon but it is very frustrating for those gamers that use Steam and want to use the app now.

With the free Steam app for iOS, you can participate in the Steam community wherever you go. Chat with your Steam friends, browse community groups and user profiles, read the latest gaming news and stay up to date on unbeatable Steam sales.

• Connect with friends:  Steam on your mobile phone is the easiest way to keep up with your Steam friends while on the go.
• Steam Chat: Now you can take your Steam chats away from your computer with Steam for iOS and Android.
• Shop Steam: Browse the extensive Steam library of Windows and Mac titles from your phone. Find out about Steam sales wherever you are.

The Steam Mobile app is available for iPhone 3GS, iPhone 4, iPhone 4S, iPod touch (3rd generation), iPod touch (4th generation) and iPad. It is not a universal binary so you are looking at 2x mode on your iPad. Hopefully Valve will rectify that soon as well.

• App Store link

Have an app you’d love to see featured on iMore? Email us at iosapps@imore.com, tell us about your app (include an iTunes link), and we’ll take a look.

Every day, TiPb gets flooded with announcements for new and updated iPhone, iPod touch, and iPad apps and games. So every day we pick just a few of the most interesting, the most notable, and simply the most awesome to share with you!

• Portal – Full Screen Browser: This full-screen web browser for the iPhone has only one discrete “portal button” that gives access to features but can easily be hidden away. [$1.99 - iTunes link]

• Magical Images: Bring images to life with the 19th century illusion trick of overlaying a grid consisting of black vertical stripes. [$0.99 - iTunes link]

• BiteSMS (Jailbreak): New 5.1 release with many new features including a new privacy feature that allows you to easily hide any of your conversations for complete privacy.

• Bump: App Sharing! Now you can “bump” your favorite apps to a friend and they’ll get direct links to download. [Free - iTunes link]

• Seesmic: Lots of new features, most notably the ability to post to Facebook pages you’re an admin for. [Free - iTunes link]

Any other big apps or game releases or updates today? If you pick any of these up, let us know what you think!

Is this a triumph? Portal running on an iPhone? Not really, according to Gizmodo:

The video says the demo was made using the Unity Engine, which means they took some Portal assets and made a small demo with them. They didn’t take the full game and squish it onto the iPhone; what you see is probably the entire thing. There’s no way the Source Engine is running on the 3G. Maybe the 3GS, but not the 3G.

Not yet! But we figure they’ll keep on trying until they run out of cake… or Valve pulls an ID an actually releases a game for the new 40+ million unit iPhone/iPod touch platform. Right Valve?