Detect mobile browsers and redirect your visitors to mobile version website
localstreamer.posterous.com
localstreamer.posterous.com
If you really want to do this, it needs to be done on the server-side, be optional (at least offer a "full site" link, and should ideally just be a different skin on your site (that is, as much functionality should be present as possible). And most importantly, it shouldn't lose context. I shouldn't click on a Google link on my phone and get taken to your main site (which usually doesn't offer half of the functionality of the desktop version).
These days, you can make a desktop and mobile webkit compatible version on the same page largely with smart CSS decisions - most content providers just need to position things without the assumption of large screens and it'll work fine on Android/iPhone.
I just hate when I get redirected to some "mobile version", which lacks some important points I want to see, and there's no easy way to visit "normal" version (like in the proposed example), so I have to change the user-agent or - even worse - use proxies (if some smartass had implemented mobile device detection by checking whenever IP's in range belonging to popuar cell operators).