Can the iPhone4 record from both front and rear-facing camera at the same time?

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I am researching for an application at the moment. One of the interesting ideas that came up were to record from both front facing camera and the facetime camera at the same time. Any of you know if this is feasible?

Thanks :)

EDIT: I mean to say front and rear cameras. I want to record from both cameras at once to two separate streams. I hope I'm a little clearer.

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