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We're using our iPhones at work to capture white board images and there are multiple apps for converting them into PDF's and e-mailing them. Fairly awesome. I bought a house a few months ago and didn't have to use a FAX at all. I just did this sort of photo-scan to send my signed docs.
There are OCR software solutions for the iPhone but I haven't tried any. I mostly want handwriting recognition and that isn't ready for prime time. You might want to check out Google's free on-line PDF OCR service. Upload a PDF to your Google account and they'll use their servers to OCR it.
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