Via
Video Circuits is some old school
form, "LZX Visionary - Vector Rescanning Experiments," and for extra fun "Scan Processor Studies:"
Update: And for even more extra fun, something
done in Trapcode Form:
Silver Black Cycle from Rhett Dashwood on Vimeo.
There also exists a real time video synthesizer called Rutt-Etra plugin for Quartz Composer, which simulates a similar look.
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