One thing the iPhone has always been missing is the capability to edit pictures on the phone natively, meaning you don’t need an app to do it. iOS 4 has very basic video editing functionality, allowing you to trim and edit videos, but nothing for photos. Today we take a look PhotoEdit a tweak that adds a few basic picture editing functions right in the photo app.

PhotoEdit brings rotation, cropping, and two different color effects to the iPhone. What’s more, it’s totally free in Cydia!

There are a few problems with the tweak that I have noticed. Firstly, after trying to edit the same picture twice the menu and the photo.app stops working. If this happens, the only solution is to get out of the Photos app, open the multitasking switcher and close the photos.app.

I also noticed that while using PhotoEdit, the undo function only works with the most recent alteration. This means that if you rotate a picture twice, it will only be able to undo one rotate. Similarly, if you were to change the color to black and white twice, it will stay black and white and will not let you go back any further. I hope that the developer will fix these issues as PhotoEdit is a great tweak that brings the features that should have been in iPhone’s photo’s app all along.

Another thing I do want to mention is that this tweak is not necessary for devices running iOS 5 (which goes live on October 12), because iOS 5 will offer basic editing features right in the Photos app. So if you’d rather have an Apple-sanctioned version of photo editing, you don’t have to wait long. Keep in mind, though, that you’ll have to give up your jailbreak if you decide to upgrade to iOS 5.

Check out the video review of PhotoEdit: