No. This trick is the same one being OVER-USED by dozens of music videos and television commercials. It was AWESOME in Matrix, well used, but too many people are using it just to use it now. Anyway, they use a series of cameras, all positioned in a circle around an object or scene (we're talking about a hundred cameras, maybe more, maybe less) -- and at the critical moment, the cameras all capture the image at the same time. The post-production folks then have 150 frames (or whatever) of the exact same moment filmed from every view around an arc. They just string these together at 24p and voila, goofy effect.