Great news: reeder iphone app now supports feedly, and the awesome reeder rss reading app just added that support!
google reader is now dead, so I moved to feedly. there was a one click import of all my google reader feeds and starred items into feedly, so the migration was painless. feedly have an iphone app, but its not as good as reeder- feedly app has no offline support, which is a must when traveling on the tube. I also exported all of my starred items from google reeder and imported them in to pocket, which means that all my articles, etc from all my devices get starred in the same place :)