The 2010 winners of the Ig Nobel prizes were announced last night. I think this is my favorite:

MANAGEMENT PRIZE: Alessandro Pluchino, Andrea Rapisarda, and Cesare Garofalo of the University of Catania, Italy, for demonstrating mathematically that organizations would become more efficient if they promoted people at random.
REFERENCE: “The Peter Principle Revisited: A Computational Study,” Alessandro Pluchino, Andrea Rapisarda, and Cesare Garofalo, Physica A, vol. 389, no. 3, February 2010, pp. 467-72.
WHO ATTENDED THE CEREMONY: Alessandro Pluchino, Andrea Rapisarda, and Cesare Garofalo.

via The Register. Also from The Register: Artist crafts Kevin Bacon bacon bust.