Ok, so for all of the enginerds out there, I need someone to look at this and call shenanigans. It is yet another supposed perpetual motion device, better known as a free-energy device, since its goal is to provide energy with NO inputs or outputs other than clean free energy.
Mythbusters dedicated an entire show to debunking these things, showing that not a single existing device actually yielded more energy then was put into the device.
Now the crazy thing here is that a company (Steorn) has been talking for months that it was creating such a device. People have been saying to put up or shut up, and they have now put up (almost). They are installing the device into a museum of motion in London (Kinetica Museum) for a public review of the device. According to the interweb, the live demo will be available via video on the Steorn website at 6PM EDT. They claim the technology utilizes “time variant magneto-mechanical interactions”. Anyone care to comment? I am VERY skeptical.