I have noticed lately in the Sporty's cataloges that iPad and Smartphone apps & accessories for pilots seem to becoming more of a trend lately.
I still thought the electronic flight computer was a radical, revolutionary idea....

I was under the impression that the use of a phone was against the regulations while PIC, but now I can use it as a tool and a resource while flying?
Have FAA regulations changed or evolved to allow pilots to take advantage of more portable electronic gadgets, and are they officially approved for such uses?