No replies did not necessarily mean it was being ignored...
Nick's absoultely right - it would seem that most people here are close-up workers, and that means that there's not normally a stage environment (essential for this type of illusion).
I've been doing a little research for you, and it would seem that you'd need a fairly controlled environment to set this effect up.
And from what I've been told, the 'space age matierials' have nothing to do with the flight of the bulb - although this is a fair assumption to make (clever marketing or what!) - but the space age materials are merely referring to the methods of lighting the bulb (which, if you consider the 'space-age' was the 1960's, this is not really new technology

)
I'm sure that this effect looks fantastic if performed in the right environment - i.e. in a dimly lit room, and the fact that it's lateral hook-up allows the bulb to pass through a hoop would dispel any precipitous accusations of the obvious method that one would expect.
I saw this performed on a show by Blackstone many years ago on TV, and it truly was magical. I was VERY young, and the footage was old even then - but it's something that stuck in my mind.