[Update (April 3, 2009): The two men who perpetrated this hoax have been charged by a local prosecutor as "disorderly persons", evidently a minor offense. Not surprising, and I'm sure it won't be a big deal. Still, don't try this at home, folks. Thanks to Kevin Conod for the tip.]
This story almost speaks for itself: by tying some long-lasting flares to helium balloons and releasing them, two skeptics from New Jersey made fools out local and national media, including the thoroughly awful "UFO Hunters" show on the increasingly ill-named History Channel. I love this story! It has all the features told breathlessly in UFO reports: distant lights, flying in formation, appearing to hover, then suddenly taking off. All of this from flares tied to a balloon! My favorite part was testimony from a pilot (who claimed on camera the lights shot off to the side), because UFO experts love ...