I have been playing with Magpie since last summer.
It is very interesting how the cell phone camera interacts with the program.
I see us being able to use this to capture a color sample during a shoot and being able to pin to it in CM later...<Think Wedding Dress, Flowers, or product>
I also see uses for color blind people since the hue clock will tell you the actual color of objects as well as show the hue angle.
BTW, the image shown is the overlay screen, the actual program shows the scene behind the overlay and changes as you move the camera around the scene.
Greg