The real application for this technology would be to be able to walk around your office at work with a camera, feed the video into a computer, and then sit down to play a Counterstrike game set in your workplace.
-Greg
Augmented-reality machine works in real time
I can see this being handy as a mapping system while walking around in a city. You could ask it where the nearest subway station was and all you would have to do it follow the big arrows floating in the sky or look for the glowing building. Cool. Thanks Greg!