Pranav Mistry, of the MIT Media Lab’s Fluid Interfaces Group, is reportedly planning to release the code for his augmented reality system, SixthSense.

The computer system, which you wear around your neck, projects information on the world around you, which you can then manipulate with your hands. Pretty soon, you may be able to build your own for about $350. Mistry told a TED India panel this week he didn’t want to subject SixthSense to corporate whims.

After the jump, watch Fluid Interface Group director Patti Maes present the technology to the TED conference in March. (more…)