Color Stream is an app for designers, allowing users to create custom color palettes, either manually or by extracting colors from photos on the iPhone. While beautifully designed user interface makes using Color Stream quite fun, the export options make the app quite useful. You can export either to your photo album, email it, or find Flickr images that are made up of this color scheme.
Color Stream is still a 1.0 product (I ran into some infrequent crashes, etc), and I look forward to seeing what the developer has in store for it, particularly with the release of Pantone’s seemingly inferior iPhone app. You can find Color Stream in the following places: