Yes. I think it id possible. But effort and not sure if many people want it.
Perhaps someone run survey on forum or other way to get feedback.
So in light of his comments, here is a survey to get a tally of how many people would be interested in this alternative solution. It would mean spending ~$30 for an Xbox Kinect camera in return for full 360 tracking.
Bear in mind we still do not know whether NOLO will try and implement some sort of 360 deg tracking with the current hardware...