Wow, the Daily crew really know their audience. First, their launch tweet came from a Blackberry and their launch site defaults to Adobe Flash. If you, for whatever reason, want the HTML5 version here’s a link: http://p-iphone.aegdm.com/thedaily/thedaily.m3u8 (Open in Quicktime)
One quick update: The yearly cost of the Daily will be $40. Interesting.