This app works better than any other panorama taker I have ever used. Even better, I reported a bug about file access (it was only seeing the Camera Roll and not stored videos) and not only did they fix it quickly, they thanked me by name! Fixing that aforementioned bug makes this the *only* app I have found that can use videos you transfer from your computer to make panoramas. Computer-based panorama makers that can use video cost on the order of $70 - unless you have Windows 7, thern Microsoft ICE will do it for free - and this is about a dollar. Its a total steal.
Great people - person? not sure how many developers there are - and an awesome app.
Jason Kerwin about 360 Video Panorama