Photosynth is a new technology that Microsoft is working on. You can try it out, however you need IE 6 or 7.
There are also some interesting videos demonstrating the technology in the videos section of the site.
A completely different way of looking at large amounts of photos at once from around the world, but also a way of viewing documents and other types of media in a quick and interactive way. I can see this being useful for many applications and very scalable. It would also make a very exciting desktop.
The downsides of Photosynth though would have to be the system requirements (for a web app) and the internet connection speeds. Although most people have decent computers and DSL/Cable the people that don’t will most likely miss out all together. Another negative is the fact that it only runs in IE and requires ActiveX.
Even though it’s still in development and it may be more widely usable when it’s complete, it still looks like an interesting new concept and fun way to look at large amounts of photos and other media.
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