Check off "Make Deposit at Bank" Forever!?!

I recently saw a commercial from Chase Bank that touting it's new iPhone App that makes deposits for you. You simply open up the app, take a picture of the check and BAM! Your deposit is made. Could it really be true? Could it be that simple? I recently lost my iPhone so I can't try it out, but boy is that motivation for getting it replaced quick. I mean one way to get organized, is to shorten the to do list, and not having to make a trip to the bank to make a deposit is one way to do that.

If anyone has any experience using the app for deposits, I'd love to hear about it.