Microsoft Research has demoed a method “for converting first-person videos, for example, captured with a helmet camera during activities such as rock climbing or bicycling, into hyper-lapse videos, i.e., time-lapse videos with a smoothly moving camera.”
Very cool, check out the YouTube video:
First-person Hyperlapse Videos
and read more at http://research.microsoft.com/en-us/um/redmond/projects/hyperlapse/
