Check Out What You Can Do With EyeCreate
By Chris on Friday, October 12th, 2007 at 2:52 PM PST In Sony, Sony

SCEA’s Greg Lutton, an assistant producer, has posted some videos on PlayStation.Blog showing off what you can do with the EyeCreate software, which will be a free download on the PlayStation Network on October 23. Provided you have a PlayStation Eye, of course. You can create your own videos and add sounds, video effects, etc. and then save them to your PS3. From what this post includes, however, it sounds like you’ll only be able to share your videos with other PS3 owners with the help of a memory stick or USB drive.
Still, it all sounds very cool (stop-motion functionality is always a good time) so check out the post on PlayStation.Blog for a few videos showing off the capabilities of the Eye and EyeCreate.

“From what this post includes, however, it sounds like you’ll only be able to share your videos with other PS3 owners with the help of a memory stick or USB drive.”
I’m pretty sure that Home will have some kind of feature to do that.
@Norbit – Hopefully, but who knows how long until that particular feature is actually a part of Home.