  We present a method for speckle holography that is optimised for crowded
fields. Its two key features are an iterativ improvement of the instantaneous
Point Spread Functions (PSFs) extracted from each speckle frame and the
(optional) simultaneous use of multiple reference stars. In this way, high
signal-to-noise and accuracy can be achieved on the PSF for each short
exposure, which results in sensitive, high-Strehl re- constructed images. We
have tested our method with different instruments, on a range of targets, and
from the N- to the I-band. In terms of PSF cosmetics, stability and Strehl
ratio, holographic imaging can be equal, and even superior, to the capabilities
of currently available Adaptive Optics (AO) systems, particularly at short
near-infrared to optical wavelengths. It outperforms lucky imaging because it
makes use of the entire PSF and reduces the need for frame selection, thus
leading to higher Strehl and improved sensitivity. Image reconstruction a
posteriori, the possibility to use multiple reference stars and the fact that
these reference stars can be rather faint means that holographic imaging offers
a simple way to image large, dense stellar fields near the diffraction limit of
large telescopes, similar to, but much less technologically demanding than, the
capabilities of a multi-conjugate adaptive optics system. The method can be
used with a large range of already existing imaging instruments and can also be
combined with AO imaging when the corrected PSF is unstable.
