Recently I heard about Instagram's new "Hyperlapse" application that creates crazy smooth timelapse video from long videos on your smartphone or tablet.
http://www.wired.com/2014/08/hyperlapse-instagrams-new-app-is-like-a-15000-video-setup-in-your-hand/
Then wondering if the same could be done with other types of video cameras, I looked up similar search entires for action cameras and found this interesting video. If this application by Microsoft really performs how it is shown in the following video, it will be HUGE news to action camera owners!
I have always found the AS100v's 1 second intervals to be very interesting for timelapse videos, such as when I ride on my bike. However, they are often jerky and not quite smooth enough to be to my liking. With this application, we should be able to create incredible fast-forward video with incredible ease. It will greatly expand the usefulness and fields in which cameras like the as100v can be used in.
Pair this with the as100v's pro-res AVCHD 60fps video mode, and I believe we will be able to take some jaw-dropping video. The great image quality of the as100v plus the premium video encoding of AVCHD should pair quite nicely with this upcoming program. I am excited.