I had my first pedal strike yesterday coming around a cloverleaf off an overpass, in fast traffic. Luckily it was more of a pedal "smooch" and I stayed up. Well you have to find your limit sometime!
lol @ municipal man, "wah wah waaaaah" is the perfect soundtrack to clipped in slow motion falling. That happened to me yesterday too, right in front of the bike store.
in conclusion, I concur w. OP, this **** is fun.