Yep, that's right. From Science Daily: Using short pulses from an intense laser source, scientists from Lund University Faculty of Engineering in Sweden have been able to capture an electron's motion to video for the first time. Currently, I don't have much of a background in modern physics so I'll spare you from any attempt on my part of an explanation.
Johan Mauritsson of Lund University claims that this technology can be used to corroboration of various theories. He also says, "What we are doing is pure basic research. If there happen to be future applications, they will have to be seen as a bonus."
The entire length of the video represents a single oscillation of the light. Of course, the video has been slowed so that we can observe the effects.