Incredibly inventive and well executed. Seeing your writeup go from this wacky hand-waving theory to a built camera to actual results is awfully rewarding.
A good first step to any potentially crazy idea is to simulate it on a computer. If it doesn't work there, either your simulation is crap or the idea is bad. If it does work, either your simulation is crap or the idea might work in the real world.
Cool writing style, too!