Interesting article on duplicating keys from photographs:

http://vision.ucsd.edu/~blaxton/sneakey.html

A similar technique was used a while back to duplicate a set of master keys from pictures on the Diebold website

I read on theregister.co.uk that the software written to re-create the key only works on yale keys, as there are far too many types of keys on the open market for the system to know them all.
it will be a few years i guess before they have a huge collection.

One such lower-tech approach might include lock bumping.

http://en.wikipedia.org/wiki/Lock_bumping

High security assets ought not be secure with yale locks IMHO.

Jimbob

Key duplication from a photo is not that difficult.  A set of keys, lets say Kwikset or Schlage, with each cut: all 1's, all 2's, all 3's... called  depth & space keys can be obtained on eBay for $10-$15. These can be used as a reference to identify the key depths form the photo.  (there used to be a ruler program available which allowed you to measure parts of an image if you gave it a known). The depth sequence can be repeated on a blank using the depth and space keys on a key duplicator or the codes can be cut on a key code machine.