That was some really nice animation rendered in Corona. Thanks for posting.
Well, I am not saying it isn't a good method. I was just thinking of the amount of photos, not to mention situations u might have to go through to get the photos. Like if u need to make a scan of something u might not be able to get or u might need to travel to photograph. Say a shark found in the ocean or certain coral shells. Just modelling and texturing it seems like a better option than traveling out to the sea or trying to find a shark.
I am not saying this isn't a good technique. It is and I see a lot of people trying this out. But there are certain situations or assets that are better off using the old method. I remember someone saying these days they don't model people,or characters, they just scan people for cinematic animations. I certainly would be trying this out at some point. Have u given photogrammetry a go?