Screw Sling, Hulu player coming to iPhone?

We know the story with Sling on the iPhone is turning into an ugly one. Still want to get quality TV on your iPhone?  Good news!

According to SAI, there is a Hulu app coming to the iPhone and it is "BAD ASS". 

Hulu is in the process of developing an app for Apple’s (AAPL) iPhone and iPod touch, we have learned from a plugged-in industry executive. The app is coming soon (within a few months) and is "badass" — as excellent as Hulu’s Web site. Video will work over both wi-fi and 3G[nice!], we’re told.

We absolutely love the sound of this and would even be happy to throw a few bucks toward the developers.  It will be interesting to see what AT&T thinks about streaming not Uverse video all day over their network.  Something tells us, it isn’t going to be as easy as it seems.