So look, we fully understand that Hollywood and just about everyone who follows the industry is gravitating towards 3D, but the red flags here are just too bright to ignore. Next3D has just pumped out a completely unbelievable press release claiming that it's oh-so-close to establishing the first in-home 3D distribution service. For starters, it claims to integrate nicely with the Xbox 360, which sounds more than a little suspicious. Next, we're told that "like YouTube, Next3D will offer user-created content channels for stereo enthusiasts to post and share 3D video and still images." Right, because so many consumers have handheld 3D cameras to capture this stuff. Sorry, but the vaporware stamp has officially been slammed.