Even though Facebook just shelled out a serious payday to Instagram, the development of a real-life Instagram camera looks like it's coming from an outside company called ADR Studio. The design and communication company has concepts to develop ‘Instagram Socialmatic,’ a flat touch screen camera with a built-in printer and 16GB of storage capacity. Specs on the size and shell are a perfect replica of the popular iPhone and (now) Android app.

What’s really awesome about this little gadget is the fact that it will have built in WiFi and Bluetooth, just like an iPad. Don’t want to print your pictures out? No problem, users can share their photos directly from the device.

Print outs from the camera will carry a QR code for viewers to scan and follow that user’s stream as well as an area where comments can be added. Additionally, the back of the photo will be equiped with a peelable stick surface, much like a post-it note for easy hanging. I can see my walls covered in these things already.

Considering the fact that we are all avid Instagrammers here at BFG, someone in the office will surely be one of the first to get their hands on this awesome design.