This is an amazing piece of technology, presented at a TED conference. I really can’t explain it better than the video below. Enjoy !
If you can’t see this video click here.
More information is available on the Microsoft Research Website.
There is also a live preview of this software available online. All you need to do is install a 5.5 MB Photosynth ActiveX. The address is : http://labs.live.com/photosynth/