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Pro Vibration reduction for steady shots
The gyro stabilization that is built into the camera allows for users to get steady shots, regardless of any vibration sent through the phone.
Pro Videos and photos capture lots of detail
Luna has two 4K sensors, each with 190° lenses. When their images are combined, it allows for the device to take 2k photos and 1080p videos.
Pro Water-resistant and dust-proof
The Luna 360 is waterproof up to 1 meter. It is also completely dust-proof as it is IP67/68 protected.
Pro Auto-stitching from two 190° lenses.
There is no need for computing power to make 360° images or videos as the internal software stitches the two images together to reproduce a 360° video or image.
Pro Small and portable
Luna is 6 cm in diameter, making it a small device that can easily be stored or pocketed. This implies that the user can carry the device around with them hassle-free.
Pro Supports Flat, Sphere, VR, and Planet viewing modes
Through the use of the free app, users can change their camera viewing modes. This makes for a more versatile experience, depending on what the user wishes to record and how they want to achieve it.
Pro Magnet connector is extremely useful
The magnet connector allows users to stick their camera to a wide variety of metal surfaces, which is not only convenient but allows for a very versatile mounting experience.
Pro Supports streaming over 802.11n WiFi
Users can stream the video they are recording over WiFi. This enables one to easily view recordings live.
Con Not yet released
It appears that the item is still a pre-order and that shipments will not go out until October 2016. This is worrisome as other cameras in the past have failed to deliver, which means it may be best to wait until an official release.