Comment Its just a hi-res Omnidirectional camera (Score 1) 96
They keep referring to the notion of depth being used, but unless there is some big technology that they completely forgot to mention in the article & video, it just does the equivalent of pointing a camera into a bowl shaped mirror, allowing you to see in all 360 degrees at once. eg: "http://en.wikipedia.org/wiki/Omnidirectional_camera"
That is quite different to say it is truly 3D, since it is still a 2D image without depth, just that its wrapped around a circle shape instead of rectangle shape.