The video speaks for itself:
What you’re seeing is a demo at Adobe Max 2011 that showed off the power of an as-yet-unannounced Photoshop filter that figures out the motion trajectory of the camera during the time the shutter was opened, and uses that information to reconstruct a sharp version of a blurry photo.
There’s no word on whether this will show up in Photoshop CS 6 or beyond. Rest assured, when it does, it will sell copies of the software.