OK, so it doesn't quite work. But nevertheless, an iPhone app which takes a photo, infers 3D object, and offers you a print out of it?
That's pretty big news.
Someone wrote a few months ago that phone hardware makers should start trying to distinguish themselves by adding extra input devices to their handsets. How soon before a handset maker adds a Kinect-style depth camera to the handset? And we can all do this at home?