Stereoscopy?

Is stereoscopy possible to generate in blender? Like to really good effect? I have seen it done well in Max…and I was just wondering if it has been developed in Blender. I think it should be, it is definitely entertaining!

Yes, it is present in Blender, even in the Game Engine, I believe.

http://www.blender.org/development/release-logs/blender-235a/game-engine/

For rendering it’s available as a plugin:

http://wiki.blender.org/index.php/Manual/Sequence_Plugins