Some would say that many of the women in the above photo are quite beautiful, but in fact, none of them exist. Pierre Tourigny downloaded about 30 pictures of women per photo from a popular internet "photo rating" site, then used free software (SqirlzMorph) to create the virtual women in the composite images above. link [flickr]
Other projects that have attempted to create virtual belles and beaus via morphing technology include Face of Tomorrow and Beauty Check. The Virtual Miss Germany contestant on Beauty Check is particularly fascinating.