I came across this website related to panorama in this website.

http://www.docbert.org/MP/

It is a very interesting technequie to create cool high resolution images. I am going to try sometime latter this week. Some software which will really help to do this.

http://www.autopano.net/

http://www.ptgui.com/

Its bit expensive to buy it but can give it a try with trial version. If it works out well may be buy it latter ;-)