I'm quite happy with this result although the program has struggled a bit to proper align the pavement at the right street corner and also the white lines on the road. These minor problems should be fairly easy to manually correct though.
Unfortunately Panorama Maker is limited to 16 images. I guess this is only really a limitation if you (like me) do 360 degree pano's and take all you pictures in portrait mode or if you like to do big mosaic's.