Well, Peter Jackson has announced that The Hobbit which will be released around December will be using 48fps format instead of the old 1920's 24fps. 48fps is double the rate of what consumers are used to seeing. Right now, majority of twitter users and facebook users are looking up information about 48fps and even yours truly has been looking for some technical information. Basically, well I suggest you read this:
http://en.wikipedia.org/wiki/Frame_rate
And visit this website:
http://frames-per-second.appspot.com/
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