About 5hrs ago Jaume Sanchez Elias @thespite showed me his project that does the model creation process in the browser itself! give it a try here - http://www.clicktorelease.com/code/depth-player/
It works in your phone browser itself, and is quite fast!
And heres my experiment with the extracted depth map from a lens blur picture taken with a nexus.. more info here - http://chaitanyakrishnan.blogspot.in/2014/07/so-nexus-captures-depth-maps-now.html
basically its really low-fi 3d scanning..
heres a tutorial on how to do this yourself..
(a slower method using 3d tools.. if your the hands on kind of person)
and these are some other models i created
My dog Rumi
An old sword hanging on a wall..
A pile of concrete blocks