Nothing groundbreaking at all, but still a cool little video illustrating eddy current braking (http://en.wikipedia.org/wiki/Eddy_current_brake).
"Copper Pipe Magnet" (http://www.youtube.com/watch?feature=player_embedded&v=G7ysnXH53Wo)
This reminded me of the ferrofluid electromagnetic sculptures of Sachiko Kodama & Minako Takeno.
Morpho Towers (http://www.youtube.com/watch?v=Uqc-NB3dd7E)
Morpho Tower Spiral Swirl (http://www.youtube.com/watch?v=r7W7cTuvxtg&feature=related)
I remember seeing a demo of eddy currents at the Science Museum when I was a kid. One dropped a coin down a slot with some very powerful horse shoe magnets and coins slowed down as they passed through the magnets.
those ferrofluid sculptures are amazing, thanks for the links Recusant