For all your iphone (and ipod Touch) owners, check out this great new college basketball application that was just released.

With the app you can watch every game of the NCAA basketball tournament on your iphone.  Every single one of the 63 games will be broadcasted and streamed via this Iphone app from CBS Sports (powered by MobiTV).

The application costs only $4.99.  Three weeks and 65 games for $4.99?  That’s cheaper than watching it on cable television…

You can download the March Madness on Demand app here or you can search “CBS Basketball” at the iTunes store.

You can watch Hasheem Thabeet of UConn (Tanzania),  Artsiom Parakhouski from little Radford (Belarus),  Andy Rautins  of Syracuse (Canada), fiery Greivius Vasquez of dark horse Maryland (Venezuela), Dogus Balbay of Texas, NBA prospect Patrick Mills of St. Mary’s (Australia), and maybe see Duke bench warmer  Olek Czyz ( Poland), all from the comfort of your IPhone!

Links and Resources: Download Iphone March Madness App (iTunes),  Watch College Basketball on your IPhone, Ipod Touch (IPhone Sports Apps), Artsiom Parakhouski leads Radford to Big Dance (Interbasket), Greivis Vasquez, Maryland shocks #3 North Carolina (Interbasket), NBA Prospect Patrick Mills injures hand, out 4 weeks (Interbasket), Jeremy Lin of Harvard, Asians struggles with Basketball Discrimination (Interbasket), College Basketbal on your iPhone (collegebasketballiphone)