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Steorn's free energy -- violation of the principle of conservation of energy

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Steron an Irish company came out with a claim sometime back saying that they can produce energy for free.
This violates the principle of conservation of energy
This has raised a lot of controversies in the scieintific world. Some call it genuine and some call it as a hoax or a publicity stunt.
If genuine, then this will be materialistic salvation for the humanity with energy available for free and good bye to global warming.

But is it genuine? Members have any thoughts on this?

http://www.steorn.com
http://www.steorn.com/orbo/claim/

Note that there is a developer forum that seems to be shaping up too..
 
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