This week's "EAA Hotline", an email newsletter for EAA members has a story on the Team Black Sheep video. They don't state a position on the flight, but report AMA's position, and conclude with:

"The FAA includes R/C aircraft flown by modelers in its definition of Unmanned Aircraft Systems and states its “recreational use of the National Airspace System is covered by FAA Advisory Circular (AC) 91-57, which generally limits operations to below 400 feet above ground level and away from airports and air traffic."

http://www.eaa.org/news/2010/2010-12-09_zephyr.asp

That video is getting notice in a lot of places...