Gee, thanks guys. [honesty]
The effect itself is quite simple to make.
Would take less than 30 minutes. I took about an hour because i was playing around with things.
Here's a link to the source PSD file should anyone care to examine it:
Spiro Glass Ball.zip
The only tough part about most effects is not the steps involved... but understanding what properties and characteristics an effect has, that makes it look the way it does.
One of the steps to that effect is taking a photo, spherizing it, setting it's Blend Mode to Screen, and lowering it's Opacity level. All of these are simple to understand and do, if you were reading them in a tute.
The tough part is, knowing ahead of time that a spherized reflection is naturally part of creating a glass sphere effect. After you have that knowledge, it's usually quite simple to reproduce the effect in PS.
Get it?
And that's something people have to just know themselves. And that knowledge can only be gotten by simply observing the world around us.