Looking at the specs of the well known Zoom H2 I stumbled upon the following: a relatively new and low cost piece of software by IM Research, which converts multi-channel files from the H2 and H4 to various 'surround' formats:
http://im-research.com/products/vze/
I've found metric tons of information about the H2 on here and elsewhere but very little to no user experiences with this specific software. (Excuse me if it has been discussed on here, I did a search.)
Who has actual experiences with this, I'm quite curious. Surely it will not compare to Soundfield, Holophone and the likes, I guess. But is it actually useable or just a gimmick? The concept in itself is quite nice, it could potentialy be a great alternative for the very low budget productions.