Immersive/Panoramic Video: Are we Missing Something?

Ten years ago we drove a car around London capturing immersive video linked to a GPS unit and portable GIS system. Little did you know then that Google would take the concept a step further with their Street View system. Back then the resolution was poor and while we are huge fans of panoramic imagery we simply don't 'get' panoramic video.

A still panorama can be a work of art, it is a full 360x180 degree moment captured in time. We have over 100 such images dotted around the blog but we gave up on immersive video as a bad job. That said, its nice to now see the ability to look around such scenes via Flash as the embedded clip from demonstrates:

Perhaps with an increase in resolution its time to take a second look at immersive video, but part of us simply cant quite see the point.