Is it possible to wrap a web app into a native app, I had a tool made for this in Xcode, it wrapped web pages into native applications, that way they could be submitted to the apple store, is it possible to do the same with AGK. I think I head AppGameKit has some web viewer commands, so perhaps its possible to embed a web page into an AppGameKit project, and ultimatly that gives a LOT of opportunities to port applications to many formats, not just iOS as my Xcode tool allows right now.

No with AGK. AppGameKit is for making games.
Use Phonegap.

Can you view a web page in AppGameKit?

No currently this is also not possible with AGK.

What about when/if it gets HTML5 support?

If all of your content is on the webpage and you are just looking for a way to wrap it, I think it'd probably be easier and more efficient in the long run to just custom make some templates for each platform you are planning to support. You sound like you wouldn't really be using AppGameKit anyways.

Or better yet, skip the idea altogether and just host your website on the web, where it can be updated without approval and where it won't cause people to get irritated that it isn't a real application

people to get irritated that it isn't a real application

How would they know, can you tell from my iphone apps which are native and which are wrapped apps? The answer is no end user can tell.

as long as the app has the standard iphone ui its near to impossible to tell if it was built in html or native.