So not sure if this got posted already or not but I just watched this and you should see it too:
http://link.brightcove.com/services/player/bcpid1213973196?bclid=23151009001&bctid=2275508100 1
Thurston and Byron Coley first intro a video by Pere Ubu. Then The Diamond Sea clip, and at about 10 minute mark watch as kids critique the video, one of the funniest things I've seen in a while....
and as a bonus My Bloody Valentine clip at the end...