Here you find some demo and tutorial videos which give you a quick overview on the possibilities of iRed2 as well as iRed2's user interface. Links for direct download are listed at the end of this page.
The first video shows the integration of iRed2 with iTunes and your iPhone or iPod touch:
This video shows how to create a virtual remote using a photo of a real remote:
All videos were recorded using ScreenFlow, then subtitled with iMovie '08.