Thanks to Microsoft's Interactive Visual Media Group, this application will soon be out for everyone to use. If you want to generate a 3D model of your car. Simply navigate around the subject (in this case your car) and take as many images from as many different angles as possible. The images will be sent to a server (a cloud server) to be processed. The end result will be compiled with an amped up version of PhotoSynth and the final product will be a beautiful 3D model that can be navigated around with surprising ease and flow.
Eric Stollnitz (a Microsoft researcher on the project) stated "We want everybody with a cell phone or regular digital camera to be able to capture 3-D objects"
The Microsoft researchers have also developed a web browser interface that will allow the user to share the 3D models online. This will also work with conventional camera images but the photos will have to be uploaded on a computer in order to be processed.
We are now putting the power to create 3D models into the hands of the average every day person. This is a great step forward for 3D in general. Move over photoshop and make room for 3D.