Mind blowing 3D Video Capture with Kinect

Youtube user, okreylos, has achieved something seriously incredible with Microsoft's Kinect and shows that there could be endless possibilities with the device using reverse engineering. According to him,

By combining the color and the depth image captured by the Microsoft Kinect, one can project the color image back out into space and create a "holographic" representation of the persons or objects that were captured.

You need to see it to believe it, watch the video below,