iPhone Apps: iTunes Remote Control Free from Apple?

iPhone 2.0 and its App Store are almost upon us, and while deep-delving every new SDK/firmware beta has revealed many a gem before, this time it's the Read Me file from the new, developer-only, iTunes 7.7 beta that's giving up the goodness:
Also use the new Remote application for iPhone or iPod touch to control iTunes playback from anywhere in your home -- a free download from the App Store.
YES!
This feature -- and hopefully parallel Front Row and Apple TV remote control -- has been near the top of my wish list since the iPhone was announced, and while this type of functionality (and much more!) has been hinted at before, it looks like we might finally see it.
Now how about hurrying up with 2.0 already, Apple, you teases!
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Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.