Using stereoscopic as an example, you can synthesize a 2d image with the center being between the two sensors. The further apart you place the sensors, up to some limit, the more you can "rotate" the scene. But you lose a lot of data when the viewing angles become too extreme. A light field image can be used for the same effect, but because it's one sensor your ability to rotate the scene will be constrained (as if you had two sensors very close together).
Apparently the examples I saw years ago on Lytro's site aren't available anymore. It was a neat effect with their initial camera, I imagine higher quality cameras could do much more.
A neat thing with light field sensors versus stereoscopic is that you have far more freedom in how you move around the scene. With two sensors you can only move "left and right" or "up and down". With light field data and one sensor you can move in any direction.
I think it worked by making a point cloud that fits the camera observations.
Obstruction is not a big issue in that use case, but if there was obstruction, the system could choose to ignore pixels that were obstructed when constructing the image.
(I spent a lot of time reading about light field stuffs back when Lytro was first announced, I was also tangentially connected to a synthetic aperture radar project so it piqued a lot of my curiosity at the time. I haven't kept up with the state-of-the-art since then, though.)
With a larger and more distributed camera array, cameras could be pointed everywhere so that every point in the field has a certain level of coverage.