Hmm… Never knew there was such things as video ringtones.
Apparently, the company iFoneTtec released a new app for the iPhone called VideosTone. This new app allows you to designate video ringtones to different contacts on your phone.
The application is free for download from the installer, but extra features will require you to pay.
Try it out by adding this source to your installer:
http://app.ifonetec.com
