Real Time 3D

This weekend my roomate showed me this skate movie which somehow created the illusion of 3D space when skateboarding. What looks like a simple shot is quickly transformed when the camera freezes the subject then quickly pans around you you can see an alternative angle. I searched the web for a behind the scenes video of how they achieved the effect but all and all its pretty cool. My hypothesis is a series of cameras evenly spaced shot instantaneously similar to the first motion pictures.