Google I/O is happening RIGHT now.
They just announced Google+ Events with live part mode
You invite folks to your party, when they arrive they can turn on party mode on their phone – as they take photos they are all added to the party page where live slideshow is an option or you can scroll through the photos as they are taken- photos with the most comments and +1s are filtered up to the top.
As more P&S integrate android and as smart phone cameras get better you could see some really high quality images being shared in real-time. Pretty snazzy.
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