"OctoCamo" is possible. Sort of.

Quick update for anyone not in the know, the game Metal Gear Solid 4 introduced an excellent camouflage system that would mimic whatever surface you were up against. Here's a good clip of the camo in game.

Naturally, this is very cool in a game. But it turns out its not just a game gadget. It's entirely possible. In fact, it's sort of being done. Check that article out, then look at this take from an unknown magazine. It listed a couple of other interesting ideas, like making plane floors transparent to assist in landing operations. Currently, the trick is just a projection of the image onto the outfit or object's reflective surface. Here's a quick vid of the system.



So, I doubt our military is going to be sneaking around with these anytime soon, but its still a nifty real life look at a cool gadget.