Magnetic Levitation

Magnetic levitation, maglev, or magnetic suspension is a method by which an object is suspended with no support other than magnetic fields. The electromagnetic force is used to counteract the effects of the gravitational force.
Earnshaw's theorem proves that using only static ferromagnetism it is impossible to stably levitate against gravity, but servomechanisms, the use of diamagnetic materials, superconduction, or systems involving eddy currents permit this to occur.
In some cases the lifting force is provided by magnetic levitation, but there is a mechanical support bearing little load that provides stability. This is termed pseudo-levitation.
Magnetic levitation is used for maglev trains, magnetic bearings and for product display purposes.

How Superconducting Levitation Works


http://www.youtube.com/watch?v=Z4XEQVnIFmQ

Superconductor Levitation


http://www.youtube.com/watch?v=nWTSzBWEsms

Magnetic Levitation


http://www.youtube.com/watch?v=SVTDALl2Eg8

Diamagnetic Levitation


http://www.youtube.com/watch?v=m-Al7GAnH8Q

Links:

Magnetic levitation - Wikipedia
Meissner effect - Wikipedia
National High Magnetic Field Laboratory
wondermagnet.com
forcefieldmagnets.com
otherpower.com
HFML, Levitation