Just had to link this. Quite apart from immediately making me think of watching Strange Days again it would seem that this project is a lot closer to being something, an actual product, than anything similar I have seen before. Devices like this have been a staple of science fiction for years - could it really be something we might use in our lifetimes?
It certainly opens up a lot of possibilities. With things like the Wii-motion technology already in use and Project Natal coming, things like this suddenly don't seem so far fetched.
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And now I have to go watch Strange Days again.