To me it is instant a fake. It looks somewhat similar to the technique Motion Capture that was used in some early Lord of The Rings film that never catched on. I understand that Spielberg's new Tin-Tin is shot in this way, remains to be seen if he is more successful.

But let us just for a moment presume (an academic postulate) that it sometimes becomes possible to artificially produce photo realistic scenes AND human figures. I understand that that would be a great boom for the film industry and animation in general. But art? Nothing that every Tom, Dick and Harry can do can ever be art. So, per definition it will have nothing to do with me.