Image-Translating iPhone App

Phone apps dont get much cooler than this! The application looks for characters within an image, assembles the characters into words then looks up the word litterally in the dictionary, and then (the coolest part) not only draws the translated words over the original, but replaces them entirely! surely with the characters recognized it was simple enough to take out that color information and fill it in with the surrounding information, but wow, they did a good job I cant wait to have someone with an iPhone try this out for me in person!