Submission + - Word Lens: Live AR Language Translation (questvisual.com)
MBCook writes: "A company called Quest Visual has just released Word Lens, a real time augmented reality language translator for the iPhone. It's capable of translating English to and from Spanish. The app it's self is free (the languages are downloads) so you can play with it in demo mode, where it recognizes and reverses words. I've been playing with it for 10 minutes and it works amazingly well."