Kogeto (@kogeto) has created a device called Dot, which pairs a bite-size panoramic video recording device to your iPhone 4 / 4S.  Previously we wrote about a pocket-friendly video projector; now it has met its match!

“It’s a pocket-friendly 360 degree panoramic video thingy”

The nifty snap on device pairs with an application to let your iPhone capture immersive, fully navigable, panoramic video in real-time – and share with friends on your phone, as well as on Facebook and Twitter, or streamed online using an awesome panoramic video web platform and player.

The Dot lets you put down the camera and enjoy the party. Have fun taking the Dot to concerts, the park, on moped rides in Italy, or even just to show cramped apartments to mothers halfway around the world.

Available in Black, Red, Hot Pink or Neon Green for only $79, the Dot is a must have for any tech gadget junkie. Get yours by clicking here.

[via]