Augmented Reality Cinema, a new app coming soon to your iPhone, allows the user to stroll the streets of their city and view various, popular scenes from their favorite movies shot in their exact location. While still in a concepting and development stage, the video shown at the bottom of this post showcases how the app will work.

Visit a street corner or landmark where a movie was filmed, hold up your smartphone and the app will show you the scene(s) shot there. The demo video shows films set in London, but the developers want to add additional cities.

Also see: World Lens App Turns iPhone into A Real-time Translator

Of course, the people who live in those cities might not be thrilled with the cinema tourists holding up their phones in the middle of the street to watch movie clips, but this awesome idea could add a whole new layer to the tourism trade in cities like London, New York, Toronto and other frequently-used shooting locations.

What do you guys think of this Augmented reality App?  Will you be excited to get your hands on this app ?