Its disappointing to see that vray has so much functionality with its vray physical camera but wont allow me to render a panoramic 360 image. I can only do it with a standard camera, which means that i need to relight the whole thing…
I guess it partly because its vray-‘physical’-camera so it is based on real world optics. There isn’t a real camera that can take a panoramic image.
There will be some workaround, but never done too much of this kind of thing for a long time. Used to use cgseamer I think with 6 x 90 degree renders.
In V-Ray SP3, the camera overrides (e.g. spherical, fish-eye etc) work also with the physical camera selected.
Best regards,
Vlado
2 vlado : cool and how it will be with sp3? will be for money ( after long time ) ?
if yes , its ok coz you guys wont to live only from air 
Great thanks vlado. We are trying to keep all our workflows in physical lighting so this will help a lot.
Sure there are cameras that can take panoramic images, some have rotating lens, others i think are like a sphere.
There are real camera that takes panoranic pictures :).
There is a revolving lens on it. And of cos your film needs
to be long enough for the pano length. It’s just not commonly used
film photographer uses software to stitch them.