For those too busy (or self-important?) to pocket the iPhone while walking down the street and too safety-conscious to blunder out into traffic while texting, we’ve got just the app for you, via Gadget Venue:

The application is called Type and Walk and makes use of the camera on your iPhone to push video in to the background of an application where you can type on top of the video, thus being able to see obstacles as you are walking.

Type n Walk was designed to work with your favorite apps — not try to replace them. Use it to compose your email, text message, status update, or tweet and paste it into your target app (or the browser) to send.

Yes, the app shows you the same thing you’d see if you just looked ahead of you without the iPhone, the same way people have for thousands of years, and animals before them for millions of years. Is it genius? A signal that our species has really, finally gone too far with this technology thing?

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Video: YouTube / typenwalk