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I agree that by nature the real estate search process is a mobile activity but I'm not sure what the traction is from users. Iphone users are early adopters by nature, so it may happen quicker with this platform. I suspect users would search at home and map but then use mobile search only when they run across a listing that looks interesting to them while they are out in the streets.
I wonder what the big R's success has been with it's mobile search product - http://labs.realtor.com/mobile/mobile.html and when they may convert the existing product to work with the iphone?
When you are on your iPhone, check it out at http://www.irealtyblogs.com. The page will display on any mobile device, but the iPhone is why I made it. It contains all the web's great RE blogs including Inman, Zillow, Trulia, Geek Estate, Mike's Corner, and many more.