LetterMpress: A Virtual Letterpress on Your iPad

Well, it seems that they want to do more than just virtually letterpress.  According to John Bonadies, the project's creator, their goal is to give designers, artists, students, lovers of type—anyone—the ability to produce their own authentic letterpress designs and artwork virtually, and then to ultimately have those designs letterpress printed in "real life". 

Letterpress, met the iPad 2.  iPad 2, letterpress.