Time.com Mobile [Free - iTunes link] for iPhone and iPod touch re-configures the current events, editorial, and entertainment aspects of Time’s online presence for Apple’s portable, connected platform. Easy to navigate tabs include News, Top 10 Lists, Quotes, Popular Stories, and Media, and you can choose to view all of those in either list view or a coverflow-eque Image Flow presentation.

If you give it a try, let us know what you think. Plenty more screenshots after the break!