At the beginning of the year we had identified for you "Coanda Effect" as one of the buzzwords of this 2012 season.
It's in the news again because both Mercedes and, in Korea, Lotus have deployed "Coanda Effect" exhausts and during the SpeedTV (The now ex-US racing channel) broadcast of Friday practice, Steve Matchett mentioned the famous video with the spoon and the faucet....
Of course since the Coanda effect has been used in aircraft wing design for the last hundred years or so, it is nothing new to Formula 1 but the reason it's "in the news" this year is because it is being used to

Now if there only was a good video illustrating how they are using air curtains to crate diffuser skirts...