Very exciting stuff!
Cut away of the lytro camera.
http://www.lytro.com/science_inside
Quote:
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“The megapixel war in conventional cameras has been a total myth,” Ng says. “It’s taking us all in the wrong direction. Once a picture goes online, you’re throwing away 95 to 98 percent of those pixels. Light fields can use all that resolution, those megapixels, harness them, and drive them into the future.”
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http://www.wired.com/gadgetlab/2011/06/ren-ng-lytro/