This article is a fascinating look at the cutting edge of science and a glimpse into the future.
“You can think of it as slow motion,” Andreas Velten, a postdoctoral 
researcher who is a member of the design team, said during a recent 
technical presentation. “It is so much slow motion you can see the light
 itself move. This is the speed of light: there’s nothing in the 
universe that moves faster.”        
...
Dr. [Ramesh] Raskar said he could also envision smartphone software that would 
capture and interpret reflections from, say, fruit. “Imagine if you have
 this in your phone about 10 years from now,” he said. “You will be able
 to go to your supermarket and tell if your fruit is ripe.”         
 
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