UFO sighted over Australia? One of the best UFO videos ever!

I got this from a Canadian newspaper reporting about a UFO sighting in Australia.

The video taken shows a UFO over the skies of Adelaide and it has pulsating lights unlike any aircraft that we know of. The video itself is pretty good and can make most skeptics think twice.

 http://www.agoracosmopolitan.com/news/ufo_extraterrestrials/2011/07/30/319.html

Without much doubt this viral UFO sighting is one of the better pieces of UFO video evidence that has been captured on video.

On December 7th 2010 a massive thunderstorm was fast approaching the city of Adelaide, South Australia. Hearing the weather forecast and seeing the thunderclouds beginning to scatter across the sky, the UFO eyewitness decided to set up their tripod to capture some lightning footage. Only a minute later, to their surprise a strange flying object appeared in the sky.

At first the eyewitness thought that the object may have been an aeroplane until they noticed that the object had no wings and then realised that the object's flashing lights did not have the resemblance of pulselites. According to the eyewitness, the back-and-forth pendulum swing of the object's lights became very vivid, and then the colour of the lights even seemed to change. As is visible towards the end of this UFO capture, the eye witness also makes mention of the craft's very close proximity to the nearby lightning, recalling lightning leap vertically into the sky only a short distance away.

On December 29th 2010, the Australian media (having witnessed the substantial growth in interest surrounding this UFO footage) released a newspaper article about this video. The feature article describes the strange capture and the widely varying opinions of sceptics and believers. The article also mentions that the Adelaide Airport General Manager of Corporate Affairs had commented that "Pulselite units were used on aircrafts flying over Adelaide." This is no doubt a strong indication that someone went to great lengths to seek a senior opinion on the subject of aviation (in direct response to this video).

Is this just another hoax or could it be true? What are your thoughts on this sighting?

Another Australian newspaper seemed to give a rational explanation...A new kind of lighting system called "Pulselight" to keep birds from striking the aircraft.

http://www.adelaidenow.com.au/ipad/the-truth-is-out-there-and-here/story-fn6bqphm-1225978305535

One non-believer offered an explanation to the December 7 UFO sighting, posted by FluffyJet Productions.
The non-believer posted a video last week of a Pulselite unit being used on a plane and said such warning devices are now used on some planes landing in Adelaide to avoid bird strikes.
Adelaide Airport general manager of corporate affairs John McArdle said Pulselite units were used on aircraft flying over Adelaide.
Mystery solved?

So UFO or new aircraft lighting system? You decide..The truth is out there!!!