To see the Huffyuv-encoded (sorry, I'm lazy) AVI sample of the aforementioned technique applied to the infamous speeder shot: click here. Make sure to only click the "Click here to start download from sendspace" link, as all the rest are spam.

Notes:

The bottom is, obviously, what you should be looking at.
I only did minor cleanup using my RemoveDirtMC script, so there's still some defects/dirt/dust hanging around. These can be fixed with, e.g., Photoshop.
The affine image alignment forced me to crop a bit from the end result.

Enjoy!