Word Lens is a real-time translation app that uses optical character recognition and augmented reality to translate text.
The App is free at the itunes store however, the free version only offers 2 demo modes.: Erase Words and Reverse Words. The Spanish/English & English/Spanish translator costs $4.99 each.
The demo looks awesome but the app only works well under adequate lighting and clear text. Handwritten fonts and stylized fonts don’t work at all. More languages are coming soon!