Just like the launch of Instagram itself, the Instagram API has enjoyed some substantial success with a number of cool web apps that have utilized it. But none of those really matter much at all once you see Instaprint, its not a webapp but an actual printer that can print any Instagram photo onto Polaroid-esque paper for those tagged at a certain location or with a specific hashtag.

Right now Instaprint has set up a demo box at SXSW and plans to eventually offer to rent the printers out, which sounds great for big events or promotional campaigns that want to utilise social media in a new and unique way. You can try it out right now by tagging any Instagram photo with the hashtag #Instaprint and see it being printed live in the Ustream video after the break (although as of writing it wasn’t live).

[Via Engadget]