According to Robert Hardy of Nofilmschool:
If the KaleidoCamera allows various depth cues to be removed from a shot, then it’s entirely possible to be able to separate actors based on their distance from camera rather than through keying out a certain color. If that’s the case, then green screens could become a thing of the past.
One of the biggest drawbacks at this moment is the fact that the device seems to be diminishing the visual quality of the image.
Read the full article here, and judge for yourself: