"Not perfect" is good enough for me. There's a whole class of applications where being able to take a photo of some words and have at least a few of them understood would be useful. I'd like to be able to index against the words that can be understood, and present the original image as the search result.
I think it would be a fantastic idea be able to hold up a cameraphone, take a picture of a sign in a foreign country, send it to the cloud and have the text recognised and Google-translated.
"Not perfect" would be fine for many non-life-or-death signs.
