The effect that became known as "bullet time" astonished us in the film The Matrix. Since then, you've seen it used in movies, TV, and advertising. Now it's in the realm of home video, as Marc Donahue of Permagrin Films shows us. He assembled a collection of GoPro cameras into a homemade array to do his own bullet time scenes. Learn some of the particulars on how he did it at Fstoppers. Link -via Viral Viral Videos
Technically speaking, the "effect" was too obvious, and the payoff never really happened.
At least the surfer video made sense and good use of the effect.