For a couple of months now, there have been rumors of Nuance’s communications systems coming to the iPhone and iOS 5. It seems as if the feature is finally coming to reality.

9to5Mac uncovered the feature in the latest version of iOS 5 that was released today by Apple to beta testers. The feature will be activated by the users by selecting the microphone button the keyboard. After you do that, you can speak into the microphone and the system will interpret the words into what the user is saying.

From 9to5Mac

iOS 5′s speech-to-text functionality appears like it will actually be happening, and we have the screenshot to prove it. A reliable source has sent us the above screenshot which details how the iOS 5 speech-to-text functionality will be activated. As you can see, it is quite simple. Just click the microphone icon next to the space key and start talking. Once the key is clicked, a new microphone overlay will appear as long as you are talking. After that, the text will appear in the text field as you can see in the screenshot above.

This is still in beta testing so this functionality may change before the final release in the fall. What do you think?