IN JS? This is so cool. Also: fun to compare the raw video to the original: http://www.youtube.com/watch?v=12zJw9varYE :)
That doesn't seem more complicated than the examples they showed.
"Would also be interesting" and "fun to compare" give no implication of relative difficulty. I would like to see the algorithm though so please post the code if you get it working in JS! That would be awesome!
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It's full of lots of (mostly green) noise because the demo's chroma key algorithm/parameters aren't that good, but it was fun to do!