The Times intends to start a "conversation between generations" that will enable those who lived through the hard times of the 1930s to help us get through these hard times today. Instructions can be found here.
It's a worthy experiment, and we look forward to seeing the results. We suspect that, in the near future, similar projects will involve producers (such as the Times) collecting raw footage from "civilian" contributors and professionally editing it into one cohesive mini-videostory. But this is a good start.