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Michael Salisbury made this time-lapse video of the 2010 Balloon Fiesta in Albuquerque, New Mexico. The song is “Phoneme” by STS9. -via Laughing Squid
Previously: Panorama of the 2009 Albuquerque Balloon Fiesta and video of the Reno Balloon Race 2006
James Ng wanted to surprise his girlfriend by proposing on a hot-air balloon ride when he got a surprise of his own: he dropped the ring 500 feet into the woods!
James Ng was set to propose to his fiancée on a hot-air balloon ride when the symbol of their love fell 500 feet into the woods.
Ng, 26, pastor of New Mercies Community Church, had hidden the 1-carat diamond ring in a box in his camera case. As they floated along on Oct. 29, the case slipped from his hands.
"I just watched it tumble, and it hit a tree and spun around, and the stuff fluttered out of it," Ng recalls. "And I just put my head down on the side of the balloon, and I was just — I just couldn’t believe I’d just done that.
"My first thought was don’t tell her … and buy another ring — which it took me forever to afford the one I had," Ng says. But Sonya Bostic, 27, caught on. "When he reacted the way he did, that’s when I knew," she says. "Wait a second! My ring’s in there!"
But the story has a happy ending. Dick Russ and Rob Jennings of USA Today have the story: Link
Willy Kaemena took this 360° panorama of the 2009 Albuquerque International Balloon Fiesta. Hot air Balloons have certainly gone a long way in terms of shapes. Oh, and as far as I know, no Balloon boy hoax is involved in this event 
The embed is nice, but the panorama is meant to be exprienced at full screen so head on over to 360 Cities for a much better view: Link – Thanks Jeffrey!
A 6 year old boy climbed into a hot air balloon and floated away, and officials are scrambling to find a way to rescue him. The balloon has the potential to climb to 10,000 feet.
The balloon was last sighted in Milliken, about 40 miles north of Denver.
– via usatoday
From the Upcoming 
ueue, submitted by 
Update 10/15/09 – he’s been found hiding in the attic. Also, Urlesque has a compilation post about the Balloon Boy meme (wuz that fast or what?)
