Free Online Speed Reader
Globe and Mail has it integrated in their iPhone app and they probably won’t be the last media outlet to integrate the technology. It’s a pretty bad ass application as such on your laptop/desktop but is awesome as an iPhone app… it makes you read up to 300+ words per minute (at your choice) by showing them one at a time. It allows you to focus on the message without the distractions.
Check out this video as an example.