Especially cool because the coffee audibly "whooshes" when it's forced back down through the tube by vacuum pressure.

(Watch the video.)

Do you have one? Does it work as well as the video?

Super cool!

Yes and yes.  Korby Cummer (The Atlantic) did a five-part series on coffee and recommended this particular Bodum for extracting a lot of flavor.  The series became a book:  http://books.google.com/books/about/The_joy_of_coffee.html?id=2uWszbSZ8xoC

More on the author: http://www.theatlantic.com/past/docs/about/people/ckbio.htm

Geege, that is very cool!

I want to see the video again:

$80 is a little steep for a gift so people usually have to buy this for themselves, eh?

If you go back in time you can get it for considerably less.  Wait, were you HINTING?  :-)

(The water doesn't so much "filter down" as "dramatically gets sucked through" because as the air cools in the lower chamber it creates a vacuum.  The other great thing about the PEBO is that it makes your kitchen look like a chemistry lab.)