Finally some apps I think are good enough for Heart Rate monitoring and Running and time on the bike.
For this to work you need an ANT+ Heart Rate Belt (garmin, timex, VDO – but not Suunto or Polar YET)
and a wahoo fitness dongle for £70 (to get that data into your iPhone or iPod)
In alphabetical Order
Ascent Mobile $9.99
AscentMobile allows you to record, display, and analyze activities involving movement. Tracks can be recorded on the iPhone using the internal GPS, or downloaded via WiFi from the companion desktop application “Ascent”. Altitude profiles and maps are displayed, as well as various reports and graphs that show your performance over time. Tracks recorded on the iPhone can be sent as an email attachment to your favorite email account for loading into any other compatible program or web site.

BikyCoach $2.99
Your pocket bike computer. Whether you use a mountain bike or a racing bike, Biky Coach is your personal trainer that helps you keep track of your progress and meet your fitness goals. Train yourself with your personal coach while listening to music and sharing your progress with friends, all with Biky Coach’s many features.
*** FEATURED BY APPLE ***
Using the GPS feature of your iPhone, Biky Coach provides real time information of all your race statistics (speed, distance, elevation, calories burned…) and stores them for later review. Biking Coach gives you all the information you would get from a GPS biking computer but for a fraction of the cost !
View your statistics with any of the 15 customizable graphs available. Unlike other applications, there is no need to upload your data to a website to analyze your results so you can quickly track your progress right in the app itself.
Biky Coach will give you personalized vocal updates on race statistics through your earphones! Hear all your stats including distance, speed, calories burned, and amount of time lapsed without slowing your pace or breaking your concentration to check your phone.
Allow your friends to follow your progress on Facebook, Twitter or by mail.
Biky Coach is now compatible with ant+ fisica key and heart rate sensors.

Fiscia / Wahoo Sensor Utility £free
REQUIRES the Wahoo Sensor Key or Wahoo Sensor Case, enabled by ANT+ technology, and compatible fitness sensor. Visit http://www.wahoofitness.com for more information on compatible sensors and more information.
Wahoo Fitness App takes advantage of all of the existing ANT+ sensors in the market including power meters for cyclists. It supports automatic upload of workouts to MapMyFitness, Nike+, TrainingPeaks, Garmin Connect, Strava and also exports files via email for upload and analysis anywhere! We’ve added several new features with V2.0 including importing wirelessly from select Garmin devices and free Live telemetry via MapMyTracks.

iMobileintervals $5.99
iMobileIntervals (iMi) turns your iPhone or iPod Touch into a powerful cycling or running computer. iMi is GPS and ANT+ capable with a feature-set to beat any of the leading hardware solutions. Telemetry to webpage-embeddable widget. Optional use of speech technology or tones to guide you through your workout.
///////// HIGHLIGHTS //////////
—– Performance Data & Location —–
With the WahooFitness Fisica ANT+ accessory, see your HR, speed, pace, cadence or watts, just like the leading hardware solutions costing hundreds of $$$.
Uses GPS for speed/distance/pace if no ANT+ stride, speed or speed-sending power sensor is detected.
Moving map of athlete’s location.
Telemetry: Send live data, viewable in embeddable widget or custom imobileintervals.com page. Includes a moving map. Not dependent on WahooFitness accessory.
All brands of ANT+ wireless stride sensors, speed sensors and powermeters are supported by the WahooFitness accessory.
Direct upload of data and route to Nike+, including heart rate.
Sync .fit file to your Dropbox (useful for Garmin Connect or WKO+)
TrainingPeaks workout calendar integration, both reading workouts and sending results: Automatically log completed workouts directly to TrainingPeaks, and see your data graphed immediately.
iPhone GPS Location track data logged to TrainingPeaks and Nike+.
Works offline; app saves multiple workout sessions and reports when network becomes available.

Livecycling $12.99 OUCH
You can view the full list of compatible devices on the LiveCycling website.
Your iPhone will turn into an high quality Cycle Computer!
What LiveCycling can do:
- Display the Heart rate and Speed/Cadence data in real-time
- Display the chart of Heart rate and Speed/Cadence data in real-time
- Register multiple bicycles and save each sensor and odometer
- Log Speed, Cadence, Heart rate and GPS
- Display the training log on the MAP
- Display the chart of the training log
- Display KML maps
- Display the total travel distance

not as versatile expensive but a nice bike display
Rubitrack $free
Turn your iPhone 3GS and 3G into a fully fledged activity recorder with rubiTrack Recorder! With rubiTrack Recorder you can record all your outdoor activities like biking, running, walking and hiking.
The activity recorder displays a live track preview with optional maps background with compass arrow and elevation chart. rubiTrack Recorder lets you lock the device so you can put it in a pocket during the recording. The history lets you quickly review and compare done activities showing their most important data and instant track and elevation charts.
In conjunction with the Fisica dongle by Wahoo Fitness and compatible ANT+ sensors, rubiTrack records and saves sensor data from heart rate, cadence, speed, power and footpod sensors.
rubiTrack Recorder directly uploads to rubiTrack for Mac via Wi-Fi without having to upload your data to an online web service.

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Hey Rich, don’t suppose you have an android device to do a corresponding guide for that platform?