There's a new app out from the makers of Instagram that's pretty incredible. Imagine trying to get the perfect video shot that has the option to be time-lapsed yet still stay smooth and steady at this faster speed. Sure you could buy and expensive tracking rig or Steadicam mount to get that smooth shot and look like a pro, or just download a free app for iPhone (sorry fellow Android users, its not out for us, yet). Hyperlapse, the free app from the makers of Instagram, has mastered the mechanics of a professionally done tracking shot and gave it to us for free by using gyroscope stabilization in the iPhone. It looks pretty darn good.

Check out Boris' early-morning speed test of this app.