If you’ve been looking for an iPhone app that can replace the default camera app for taking photos, Best Camera just may be what you’ve been looking for. Developed by Seattle photographer Chase Jarvis, Best Camera provides a full-featured camera control app, fantastic photo editing (think of it as an iPhone version of Photoshop,) and a great online community that lives both online and in the app, where you can see great photos that have been taken by other Best Camera users.

The app lets you fade, crop, lighten, darken, and add a ton of effects to photos you take. You can then share those photos to social sites like Facebook, Twitter, Flickr, and the Best Camera community.

As part of the launch, and to build up the Best Camera community, there will be a photo contest where the winner receives an iPhone 3GS. Hit the video above to get a look at the idea behind the app, and how it works. It costs just $2.99, and you can download Best Camera now on the App Store.