The Live Labs team has just announced one of the most exciting technologies we've seen for a long time. This was previewed to us internally at MGX (internal meeting) and at TechFest (Microsoft R&D Expo) a few months back. Those of us who have been following the development of this technology were dying to be able to show it around, finally we can!
Checkout their Website and subscribe to their Team Blog and download the Videos!!
In typical Microsoft fashion, this is so Super-Super-Exciting.
Watch the Channel 9 video : http://channel9.msdn.com/showpost.aspx?postid=220870
and on10.net : http://on10.net/Blogs/TheShow/4187/