Quote: "shame there was a million quid up for grabs if it worked"
There's a reason for that it will never be paid out, lol. Perpetual motion is impossible. I've seen these wheels with magnets on on youtube. They can be interesting, but when it comes down to it you could never get one to run continually no matter what you do (apart from using electro magnets, which is basically an electric motor, such as a drill motor). Still even a powered drill would eventually wear out and of course it's nothing like over unity as it has to draw power to operate.
Still as I say that prize is a fake in itself. It will never be paid out. James Randi (I think) started it really to help bring out scam artists, he knew no-one would ever be able to claim the money (a scam in itself which is ironic). No machine can run forever without maintenance and if it can't it won't win. So that's the end of that lol. Your not going to get much better than a waterwheel for cheap energy and if those won't win, because they need maintenance every now and then, then nothing will. If you take Randi's view of perpetual motion, even a Sun doesn't last long enough, which basically shows the prize is nothing more than nonsense.
@ Amenmoses. That sounds like a lot of money for the kit, although compared to how much they used to cost seems reasonable. I remember an engineer I knew got a job lot of lathes and CNC machines worth an arm and a leg many years ago. He got them from a school or college fairly cheap, he had a huge shed full of the things. He must have made a fortune off em in the end, not that he needed to, he was already rich.
SPECS: Ryzen 1700 CPU. Nvidia 970GTX. 16 Gig Memory. Win 10.