Here's the video of the premature no-hands celebration
http://www.bikeforums.net/showthread.php?t=111906
I also learned something new today, but I can do it only until I start to lose speed.
I start riding real fast and get it up to speed on a flat road. Then I take my hands off and sit back, then I put my cranks horizontal to the ground.
Then I start to stand up. The only way I can balance is having my knees grab hold of the saddle. Surprisingly, I can steer as well! But it all ends when you slow down to 12MPH or so.
I wonder if it's possible to pedal standing up with no hands. Anyone tried doing that? I would like to, but would hate to fall flat on my face going 20MPH.