Where is the Netflix app for iPhone?

It has been over 2 months now since Netflix CEO took the stage with Steve Jobs and announced that the iPhone version of the popular Netflix app would be coming "this summer." So my question is, where is the app? It is already August 17th and Netflix has yet to release anything. Is it a problem with Netflix; or possibly a problem Apple is having with AT&T allowing the app to run via 3G? Leave your thoughts in the comments section.