If you were an avid jailbreaker in 2008, you may remember vWallpaper. vWallpaper allowed you to set animated wallpapers, aka video wallpapers, for your iDevice.

Well, vWallpaper was recently updated for iOS 5! Vwallpaper 2.0 includes numerous stability improvements and can add videos, cool effects (particles, 3D objects), HTML widgets and more, on your Springboard and Lockscreen.

To get vWallpaper, you will need to add the beta repo http://deb.danstaface.net/ to your sources. Then just search for it.