High Speed Video Using a Dense Camera Array
The videos are really amazing– …a system for capturing multi-thousand frame-per-second (fps) video using a dense array of cheap 30fps CMOS image sensors. A benefit of using a camera array to capture high speed video is that we can scale to higher speeds by simply adding more cameras. Even at extremely high frame rates, our array architecture supports continuous streaming to disk from all of the cameras. This allows us to record unpredictable events, in which nothing occurs before the event of interest that could be used to trigger the beginning of recording. Link.
Major Nelson has posted the audio from Xbox 360 keynote briefing 
