Inexpensive iPhone accessary goes full circle in shooting video

There is an inexpensive new iPhone accessory that has the potential to change the way you shoot video. The accessory, GoPano Micro ($80, gopano.com ) records in a complete circle. The person watching the video can use a mouse to pan and see what is happening all around the camera. The example given was a wedding toast, Shot through a GoPano lens, you would see the best man giving the toast and pan to see the guests and the bride and groom. The camera which fits the iPhone 4 and 4s records a view on a mirror attached to the lens.