The FBI has gone into a back-slapping frenzy over what it claims was a conspiracy to "bring down the Internet" on New Year's Eve. It gets better. This vast, evil conspiracy was being run by kids - crazed teenage hackers no less.

The FBI tells us it saved the world by seizing "floppy disks, CD-ROMs and other related equipment". No one in the US has been arrested but some Israeli youngsters have been nabbed for questioning. And you know how hard it is to get arrested in Israel.

The beautiful irony is that the FBI, by trying to show how clued up it is about the Internet, has made itself look stupid and ignorant. Raiding children's homes because of some silly boasts in a chatroom. Christ, we knew the FBI was paranoid, but this is ridiculous.

You'll note as well that the FBI has failed to explain even for one second quite how you bring down the Internet by using some script kiddie code. The thing's patently ludicrous. Dear oh dear. ®