It’s the best of all imagery worlds! Rumours of the instagram socialmatic started in May last year, and more and more details have come out before it’s proposed release date in 2013. We reckon this could be a strong blow back for the compact camera market.

The ‘Instagram Socialmatic’ lets you snap photos, share them online, and gives you the option of printing them out as sticky mini prints.

The specs are: 6GB of storage space, Wi-Fi and Bluetooth connectivity, a 4:3 touch screen, 2 lenses, optical zoom, LED flash, and an internal printer that takes in special paper cartridges.

Instagrams copyright lawyers allowing, we would be pretty excited to see this camera appearing on the market.