Two Canon 580EX II speedlight flashes were used in this. One in a softbox hitting her from right and one for rim-lighting (hitting her back). A giant reflector was used on the left for fill.
I love the Pocketwizard FlexTT5's (except when they don't work :) ) because they allow you to shoot at the highest shutter speed that is allowed by your camera (1/8000 sec in Canon 5D Mark II case) without having a dark line in the botton of your photograph. You are no longer limited by the 1/200sec shutter speed when using them. As you can see my shutter speed here was 1/5000 sec with 2 off-camera flashes firing.
The blur is due to the shallow depth of field (f/1.2) which was achieved by design. It is not a motion blur.
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Was this comment really necessary? :) I have noticed that you show a certain reaction to pictures with borders and not so attractive titles. If borders are what ruin a picture for you, then you probably consider many pictures on DPC ruined since so many people use them.