iClone 5 with Kinect Camera, Lights, Cloth and Particle Control
A great video was put together by JasonJ Brown demonstrating the capabilities of iClone 5 integrated with a Kinect. iClone 5 is commercial motion capture solution available at reallusion.com.
With this application, you can use your body angle and movement in order to control the direction of the camera. You avatar is able to change the angle at which you are viewing, use a light placed on your hand in order direct the light source in a VR environment. Other great features include the ability to have your friends jump into your iClone scenes, watching a scene or movie played in each hand, and particle integration.
This is a very exciting application that could very well solve every Motion Capture solution for you in one package.