Photsynth is a new free Microsoft app for the iPhone for taking panoramic photos. Here’s how ReadWriteWeb describes it:

Photosynth stands out as you can capture images not just along a horizontal line, but in all directions – up, down, left and right. And rather than just relying on you to hold the camera steady while you pan, the app gives you guidelines of where the next image should be places and next photo snapped.

It also lets you share the photo to Facebook and to Bing Maps.

I’m adding it to both The Best Online Applications For Creating Panoramas and to The Best Sites For Beginning iPhone Users Like Me.