Who’s slower? You, or your iPhone? There is now a quick and easy way to find out with Device Speed Test, a new jailbreak application available for free in Cydia.

After installing the application, simply open it and the app will launch a few processes in the background to measure the speed of your device. It will then return green lights if everything is fine, or red lights for slower areas…

This app has great potential but I find it to be extremely limited. When it gives you a red light for example, it doesn’t tell you what you can do to make it better. It’s good to know things are not as fast as they should, but it would be even better if it told me how to improve it.

All in all, you can’t really complain because Device Speed Test is free.

Have you downloaded the app yet? If so, is your device passing the speed test?