David Akinjise, Product Manager at Nokia let it slip that the WP8 feature “lenses” which gives apps direct access to the camera API, as well as the two lumia exclusive camera features “Cinemagraph” and “SmartShoot” will be coming to first gen Lumia devices in WP 7.8. This keeps making this upcoming update better and better.
Paired alongside the rumor that there will be additional updates to come after WP 7.8; it would seem as if the original Lumias aren’t going to be left too far behind.
Edit: After taking a look at the official Nokia release Cinemegraph and Smartshot are confirmed for WP7.8 , along with “additional Surprises” which I assume will be the lenses feature.
We will also bring Cinemagraph and updates to Smart Group Shot to the existing Lumia devices with some additional surprises to make photo shooting and sharing as easy as possible.