Imagine that if we are wearing a long hollow tube that cover from the bottom to the top, and the hollow tube has some sort of fibre optic that transmit the light from the opposite direction, or some sort of electrical image signal displayed in the opposite site of the hollow tube, then we will be invisible...
That is a good start but there is a problem with shading and color perception. Look at the perceived color of square A and B in this link: http://www.chat.carleton.ca/~tcstewar/illusions/checkershadow-AB.jpg A and B are the same shade but visually they appear to be different shades. So getting the shading right on the cylinder so that the color picked up a distance away by the camera on the other side of the cylinder matches the perceived color under the light and shadow conditions on the cloaking cylinder poses a huge problem IMHO.
Random note from nowhere If I recall correctly, this notion was part of Hosato's invisibility suit in Mirror Friend, Mirror Foe, a 1979 novel by Robert Aspirin and George Takei.
