Anyone see that recent Hummer commercial that has a really weird shot of a Hummer grill driving through the desert? That's wide-angle distortion. A South Korean researcher at Nanophotonics has invented a wide-angle lens without distortion and it only costs $100. How does it work? Instead of using high-end glass optics, the lens uses a stock lens (the black thing) that shoots a mirror (bottom thing) and translates the image to a pan-ready 180 degree image via software.
Intended applications are security and traffic. Boring. Let's get these in the hands of (fill in pornography production company of choice) asap.