Qi Pan, a 3rd year PhD student at Cambridge University Engineering Department, has developed a system for on-line (constructed in real-time) webcam based reconstruction of textured 3D models. The video shows off the potential for this best:
Even better news is that a demo may be available soon. Qi is working on porting the code, and you can register to receive an update when it is done on his page.
12/Nov/2009 – In a few months time when code porting (to new library versions) is complete, a Linux-based demo of ProFORMA should be released. This will be followed by a windows based demo.