In one word: "Awesome!"
The concept is a very bold move forward and one I look forward to with anticipation. Something like this will definitely change the face of Computers and the Internet. To be put into a 3D Environment of different locations or like a news agency will use, a war zone or disaster zone and to see the entire picture like Photosynth aims for would be definitely a new page in Computer History.
Makes me feel like a little kid waiting for Christmas and its the Night of Christmas Eve.
