Cynics are saying that "it’s impossible to make energy from nothing"… what do you think?

I do not want anyone’s opinion on whether or not they think Perendev’s motor is a hoax. I want to know the implications if it is real. What would happen ? In particular, would this lead to some sort of a golden age ? Would we have no reason to go to war ? Free energy is said to be impossible, but what if it is possible ? What will happen, assuming it is possible ?

Video is from Google Videos. American Antigravity. “I don’t like the term perpetual-motion”, says Sterling D. Allan, founder of Pure Energy Systems…. whatever you might call it, the Perendev & Bedini Motors that Sterling brought to TeslaTech 2005 certainly caused a stir. Check out our conference video for close-up footage & descriptions of both motors in operation! In Sterling’s words: “The Perendev motor replication was built by Douglas K. Furr, a Ph.D. Mechanical Engineer, for PerenTech(.com), of which I was founder. In Furr’s expert design, each of the rotors can be infinitely adjusted in relation to the other in the off-set of drilled holes, and the holes and pins enable one to insert and take out magnets with relative ease. I suppose if someone with more patience than myself were to tinker around with the device, they might achieve eureka in which the thing begins to accelerate.” perendev.com peswiki.com