Ok... best bullshit app I ever seen (well maybe just plain stupid) was "R U Drunk?"
Followed by Flashlight... even seen one guy trying to sell his flashlight app for 3$
And VNC Lite is fun if I want to convince fellow geeks I've installed windows on my iPod Touch.
One game I came across the reminded me of the Wii is currently free on the appStore... called iGolf... you hold the iPhone in your hand like a golf club and take a swing like at a driving range... reminded me of the WiiMote rants online (cept maybe now we'll hear bout iPhones smashed into 30" Apple Cinema Displays?).
But personally nothing wastes my time like some good puzzle games (Trism, MetaSquares, TanZen, Cubes, Bejewled2
, Numba[absolutely love Numba