There isn’t much to say about 3D Items Mod 1.4.7. It transforms dropped items from flat images to 3D, like when you hold items in your hands. This mod does work in SMP. As of v1.5, this mod requires Forge and does not edit any base files.
Gif made by Levy. The pickaxe is an example of what this mod does.
Download Links for 3D Items Mod 1.4.7
For Minecraft 1.4.5