Okay anyone who overlooks this one is really missing out !
It's called RunKeeper. Don't let the "run" part steer you away. This app is awesome. It has settings for biking, hiking, walking, running etc. It also uses your phone's GPS to track your routes, calculates your speed/pace, distance, calorie burn, time. It has a website as well and the iphone app sends all your exercise data to the website. You can track all your data, recall your cycling route and share on Facebook etc., if you like that sort of thing.
Okay here's the best part.... when it first came on scene, I paid $9.99 for the "PRO" version....however during the month of January the PRO version of the app is FREE FREE FREE, not for a limited trial time, not for a limited number of exercise inputs... FREE PEOPLE ! Honest, I don't work for them, I'm just in love with the app
http://itunes.apple.com/us/app/runke...300235330?mt=8