Here are a couple awesome “time-freeze” scenes from last year that are a blast to watch! I figure they are using every trick in the book from wire-removal to 3d models and probably much more. The main idea is to shoot the scene while everyone is standing still and move the camera around them. In contrast, The Matrix bullet-time effect was shot with hundreds of cameras, all firing around the same moment.
I know the show Hero’s has some cool freeze-time effects as well as the explosion from Swordfish, do you remember some others?
Now, if you really want to be inspired check out this Mega Video!