I had been curious about hyperfocal technique for some time, and last year at the Sun 'n Fun fly in I used it for most of the event. Not exactly as close as street shooting, the small aircraft that comprise the event turned out to be a great application for the technique. Where previously I would spend time focusing on a part of the aircraft that was closest to me, I just set the lens barrel to the f-stop I was using (often f11) and didn't stop between similar subjects to refocus. It saved me a lot of time and eyestrain, and most importantly, I got sharp images.
Now, for the buxom blonde who's sauntering your way on the sidewalk? I'd try f8, your gonna need some shutter speed to keep all that real estate from producing motion blur....
