After seeing the vid I have to say, to me, lanterns seems like a fair explanation.
Where was the high speed movement? I saw nothing there that indicated any type of craft, terrestrial or not.
The video also didnt show lots of people looking up in amazement, people generally seemed pretty oblivious.
Remember they only look like they are in a Y formation from the cameras perspective, you cant tell what positions they really are in with relation to
each other.
[edit on 25-7-2007 by maintainright]