More info at www.getmyo.com
This project presents next-generation webcam hardware and software prototypes. The new prototype webcam has an extremely wider view angle than traditional webcams and can capture stereo movie and high-accuracy depth images simultaneously. Users can chat with stereoscopic video. Accurate depth-image processing can support not only all Kinect scenarios on a PC, but also a gesture-control user interface without a touch screen. Besides computer vision, the webcam includes a hardware accelerator and a new image-sensor design. The cost of the design is similar to that of current webcams, and the webcam potentially could be miniaturized as a mobile camera. The project showcases new user scenarios in playing games with this webcam.
A bit older, this video but still very impressive: