If you've ever done user testing, you'll know that one of the most onerous aspects is reporting on findings. And then getting stakeholders to read them. This collaborative recording approach - including a spreadsheet template - could well be worth a try.
Tom Sharon writes in Smashing Magazine, explaining how he's used a spreadsheet template accessed by all observers simultaneously to minimise the recording and reporting overhead. His template covers all the main things required, with the article providing ideas for how it might be customised for specific projects or requirements.
This lean approach to user testing is one I can see myself using in upcoming agile development projects where user insight is going to be needed quickly and regularly.
A Collaborative Lean UX Research Tool - article and spreadsheet by Tomer Sharon for Smashing Magazine