The quicktime VR is just a way to allow you to move about within the images - not something done easily with jpg or others. And yes, I hate quicktime as much as anyone (only running it on the one machine I allow to become tarnished with scum) but it is quite spectacular.
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Rory
MkIIa, blue lit buttons, memory upgrade, 1Tb in Subaru Forester STi
MkII, 240Gb in Mark Lord dock
MkII, 80Gb SSD in dock