Soundspectral has announced the release of 3D Motion, a free “spacial positioner” effect plug-in for Windows, formerly known as DrumMicPositioner (KVR DC 2009 entry).
This new version was slightly optimized and features added, the already very low CPU consumption could be further reduced.
3D motion is giving you the possibility to place any mono audio source into a three-dimensional space. (and also to automate the movement by using the automation of the host.)
The effect was designed to work with a simple pair of stereo speakers and providing amazing results.
More information: Soundspectral