I can't see this being forge-proof at all. Checks have a number of security features that obviously wouldn't show up in a picture from a camera phone - if a camera phone picture could reproduce the security features, check forgers would be using camera phones and photoshop.
@Dreamwriter: it doesn't have to be forge proof. it is really easy to defraud the bank and deposit the check twice. take a picture and the drop it in the ATM. it will take them a bit to figure it out and if there aren't holds you can make a quick (illegal) buck.
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the biggest worry is abuse and fraud.
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:D
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