The video quality is terrible, so who knows, but I've never seen any UFO footage that had any kind of decent quality video. Hell, a 2004 camera phone would be almost as good as this video. Yes, yes, its in the dark and moving fast and whatnot, but I thought that the military would have had much better imaging tech, even back in 2004, than this grainy low res thing. May as well be someones camcorder.

The only thing it has going for it, in my opinion, is that the pilots would have been pretty used to seeing stuff in their cameras and would know the difference between something ordinary and something extraordinary. I do think its more likely that it was some military test plane than something extraterrestrial though, personally.