Freeverse has announced the release of Eye Glasses, an iPhone
application that clearly displays objects that are too small to make
out — from fine print to photo details. It’s available for US$2.99
at the Apple App Store

Eye Glasses uses the iPhone 3GS autofocusing camera to clearly
display text or imagery. To use Eye Glasses, users choose between
four different levels of magnification — from 2x, 4x, 6x or 8x.
Point the iPhone camera at the item, and see it magnified on the
screen as the camera sharpens the image.