This is very cool. Another video with a bit of an explanation as to why - http://www.youtube.com/watch?v=VyOtIsnG71U.
NNNNNNNNNN
SSSSSSSSSS ==>
NNNNNNNNNN
Which allows movement as indicated. In the part of the video where it's just locked stationary above a square magnet, it appears maybe the magnet as this arrangment: NNN NS
NSN or SN
NNN
Which locks it entirely in-place, not allowing movement. And then in the part where it's spinning, I think maybe the magnet is S on the inside and N on the outside or something: NN
NSSN
NS SN
NSSN
NN
Allowing it to spin. But this is speculation based on my limited understanding (but I noticed no one else was answering, so I thought I'd give a shot).I can't resist posting one of youtube's comments on this last video: "so... you have created the worst paperweight ever"
so people already wanna make a gun out of it, that's just sad
mankind will always pervert science for power?
In fact, maybe governmental science grants should have some sort of gladiatorial combat requirements for disputed priority...