A ground on Kickstarter is building a digital camera which can take full 360 degree spherical images in a single shot merged from 4 lenses. It can capture 14 megapixel images and 1080p HD video which can be streamed live via WiFi.
The very compact Bublcam, as it is called, has roughly the size and shape of a baseball. A tripod sockets lets it shoot without the photographer in the scene and it stores its images on a small MicroSD card.
Funding ends on December 14th, so hurry up if you are interested in being among the privileged first owners. The good news is that the project already reached its initial goal and so this Bublcam is likely to become a reality soon.