I've got a Way Cool Red Eye 0.3. You can't focus with infinity but it doesn't seem to matter. You just let it auto focus to 0.1 and everything is in from the lens to infinity. I think the liquid lenses are a copy of the waycool lenses so the focusing will probably be the same. The Red Eye is awesome, it has a really clear picture with hardly any distortion and is really small and light, I'm really happy with it.
They have a guide for focus etc. here: http://www.waycool.com.au/html/red-eye-users-guide.htm
GO SWOOP YA RING OFF!
