Yep... you're right... I got caught up in the stupid way OSX Finder won't dive down into .app directories. There are just a couple of image files in there that he's copying into the applications directory.
It says itouch only but has anyone tried it yet on an iPhone?
edit - I just tried it on my 1.1.4 iPhone. It will dial out just fine and you can hear the person you called but clearly the microphone isn't working properly. However I was able to make it make some 'noise' the other end could hear - possibly just feedback - nothing resembling tones or talk... strange that the touch tones didn't work since that shouldn't need the microphone.
Guess we need to wait till the next release - promising - but not as promising as the 'other' siphon app which worked a bit more (but still not enough). Fring's it until this is working I guess.