The glow is actually the biggest sign that it's fake. I might almost believe it if it weren't for the glow. There are also some very subtle motion tracking errors. But over all this is some nice work. Well done whoever you are.

I believe this to be real. I do wonder about the soundtrack? Were those the actual sounds coming from the craft (the buzzing) and the low boom? was that all on the original video or were those sounds added later? The reason I truly believe it is real is because of frame 16:18:22 (at :45 mark on .mov file) the blur is an indication of instantaneous supersonic speed. I know these things exist, I saw a very interesting object in 1984 and a different one in 1988. So they exist. This is one of the best videos I have ever seen, Strange the red glow! I can tell it's not faked in any way. No computer program can duplicate the way that glow pulsates.