I think Samsung does it with facial recognition on the Galaxy S's lock screen. Should work better and better and you don't need an additional sensor.
EDIT: So does Kinect for Xbox one.
EDIT: So does Kinect for Xbox one.
[1] http://support.xbox.com/en-US/xbox-360/kinect/auto-sign-in
[1] http://support.xbox.com/en-US/xbox-360/kinect/auto-sign-in