Great news for all you aspiring paparazzi -- it looks like someone has finally figured out how to eliminate that nasty camera phone shutter lag. By sending image data directly to the camera's display and capturing it as a modified SpeedTagged JPEG when the time comes to immortalize that precious moment (or romantic indiscretion), the Scalado Camera Solution not only takes nigh-on instantaneous photos, but also provides high quality, real-time preview, pan and zoom. With several camera phone sensor and module manufacturers (including Aptina, OmniVision Samsung, and MtekVision) already on the SpeedTags tip, it looks like that laggedy old camera phone may soon be a thing of the past. Don't believe us? Take a look at the demo video yourself. It's after the break.