If this ever goes out on general-release it could be a bit of a game-changer.
Looks like it’s using Luxrender in Blender.
Someone commented that this won’t be good enough for movies… but I don’t think he understands memetics… and this could also be very good for augmented reality – which is at a fairly embryonic stage right now. I think there’s going to be an augmented-reality x ultra-realistic-modelling convergeance. So whether you’re inside the game or not, is kindof blurred.

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