Here’s a demo of a panoramic 360 degree video, it’s actually more than 360 since you can look up too. Just click and drag as you watch the video and you move while the video is running. It works really really well.
Here’s a link to it full screen.
The company has more information and demos at their website, which might be the longest URL I’ve ever used it’s www.YellowBirdsDontHaveWingsButTheyFlyToMakeYouExperienceA3dReality.com but then again it’s also yb.nl one of the shortest too.
I found this at pda-247.
