Good grief, that's an old chestnut. I remember that in the 60s.
Incidentally, before we all get too worked up and start looking for entry forms and start money... this news doesn't mention DTL, ACU, organising committee or anyone recognisable as TT.
It's not on the iomtt.com site, nor is there a TT Press Release about it.. so let's wait and see.
However, if you have truly found the secret of perpetual motion, or the way to run your bike on H2O, drop me a line, and I'll buy some shares!
... then I'll be able to drive over London Bridge, which I have just bought for a snip from a nice man, and am moving to be a link from the Isle of Man to the Calf............