Immersive 360° video

You know those 360° panoramic still shots you see on hotel and other travel sites?  Here’s one that does the same thing, but with actual video.  That’s pretty neat.  I’d love to see a video of a rock concert done this way:

 http://demos.immersivemedia.com/fvdemo_1/data/SphericalFlashDemos/SphericalFijiSample/imcflash.swf