It would have to be 3d. Here's the gist of it:
There are two reels of film. Light is shone through each reel, with only one frame between the reels being illuminated at once.
Frame 1 - right reel
Frame 2 - left reel
Frame 3 - right reel
etc...
The light from the right reel shines through a polarizer which makes all of the light oriented in one way (a google on polarized light will tell you more about this). The same happens for the left reel, but the polarization angle is 90 degrees to the polarizer on the right reel. The light hits the screen and bounces towards your eyes. Each of the lenses in the 3d glasses is polarized in such a way as to let in all the light from one of the reels, but block almost all the light from the other. One eye sees one image, the other sees another image.
If you put on two pairs of 3d glasses in normal light it will look the same as if you had one pair on... maybe a little dimmer. But if you put one pair on, and then held the other pair up so that the right lens was over your left eye and the left was over your right, then you wouldn't be able to see much, if anything as the crossed polarizers block virtually all the light coming through. Twisting the second pair at other angles will give varying degrees of blockage.