PowerBalance IS a scam... told you!

PowerBalance - according to gizmodo - has admitted that their wristband WAS a scam.

Now this wouldn't necessarily be quite as funny to me - except that I JUST had an anonymous commenter berating me, and this blog, the other day, for deriding his favourite cure.

See:

• my original post - and make sure you check out the comments
  
• the gizmodo article

If the original commenter on my previous post would like to let us know how he feels, I'd be quite interested... honestly - the piss will not be taken... I'd really like to know how you feel about the situation.

Now we need a new target for those new powers of the ACCC... any ideas? Who's next?


Editor's follow-up:

Here's an interesting video - a quick outline of how the scam is perpetrated by "demonstration":

Power Balance meets new ACCC powers - bring it on!

Back in April, the ACCC was given some powers that I had thought were a good idea, for some time...

See the article here for more details.

But now, Christopher Zinn believes he's found the perfect candidate for testing the new laws.

The Power Balance bracelet has been called a "blatant con" by the Australian consumer watchdog, Choice (read report).

So, watch this space, for more exciting updates. Could it be we're entering an age, finally, where consumers can hold manufacturers properly accountable for their claims?

Here's hoping.

What other products do you think would be best for testing under the new laws? List them here in the comments - and I'll send a list of the best ideas on to the ACCC.


More references:

• The Age - Latest Snake Oil
• Sydney Morning Herald - $2 Shop Scam

[Ed Note: for follow up, see post here]