The Geller Effect and Uri's Reversal

So, it turns out that Uri Geller now claims he's a magician. That's great, after all the opportunities wasted and the lies perpetuated by Geller, he now does a 180 and claims he's just like everyone else. How about this claim Geller once made?

"He once claimed, I hope you're ready for this, that he got his powers from the planet 'Hooba'. Who knows where 'Hooba' is? It's in some extragalactic area, I don't know. But he said that an angel of some sort appeared to him when he was a mere child in his garden that gave him his mystical powers, and he could then bend spoons with his mind. What a load of nonsense!" - James Randi

What a load of nonsense indeed. It's a shame that people have had their careers harmed by Geller investigating the "Geller Effect". Unfortunately, they really could have used a healthy dose of skepticism. I say that we now change the meaning of the "Geller Effect" from meaning the non-existent effect of Geller's alleged psychic powers to the more general effect of soothsayers and con artists tricking academics into spending millions of dollars to investigate their claims. This new meaning of the "Geller Effect" is shown to exist, and it's a much more interesting problem.

But the real question for debate: should Geller and people like him be prosecuted for being frauds and liars? Perhaps he could say that he did really believe that he had psychic powers and was merely mistaken, but I would bet money that he'd be lying.