The camera ball was invented by Jonas Pfeil of Berlin. It has 36 cameras attached at all different angles. After the shots are loaded onto your computer you can view the shots from all 36 cameras as one, for a complete spherical panoramic view . This will enable photographers to easily capture panoramic photos in one shot as opposed to the tedious work it takes to take a few shots and put them together perfectly. Watch the short video below to see it in action.
The camera ball looks like a pretty awesome thing to play with.