Solution to world strife or too much Guinness?

[Meiso]

I couldn't see any threads about this, so I thought I'd jump in.

http://www.steorn.net/frontpage/default.aspx

A quick summary: An irish R&D firm believes they have created a device which has a coefficient of performance greater than 100%. In other words - a clean, infinite power source.

Now, aside from the fact this claim appears to say, "Thermodynamics? No thanks", I can't help but hoping this is true. Then again, this is coming from a guy that, while he knew Eon8 was a load of rubbish, couldn't help but hope someone was going to announce they had a commercially viable cold fusion reactor when the countdown hit 0, or some other such positively life-altering bit of news.

So, what do you all think? Elaborate hoax (as these things always seem to be) or incredible invention (as we hope these things always are).