One of our best photography experts has weighed in on the side of this being a light on a boat. Here is his comment:

"Just measure the distance between the leading edge of the top light in the first and second pix. Let that distance equal 4.5 seconds. Then measure the length of the top light’s streak. That will tell you the shutter speed. Assuming Crowe is right about the frame rate, the  shutter speed seems just about right for a night exposure with a Canon 5D. And given that lens’s field of view, 8kph (max legal boat speed in that situation) works out just about right with a margin of error of, say, +/- 50%, max."
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This object appeared in Northern Italy recently. The video was posted on March 3, 2013. They have done enough work on the photograph to make it clear that it isn’t a bird or a plane, and probably not a known object at all. (As always seems to be the case, the added music track is a grave mistake, but watch it with the sound muted and it’s quite interesting.)
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Within two weeks, substantial meteors have now been reported from Russia, the US and New Zealand. This one came down Sunday in Queenstown, and was large enough to be seen during the day. Clearly, it was not as large as the Russian meteor, but nevertheless, it’s unusual for so many significant meteors to appear over such a short time. There is no known large meteor shower due until April, when the Lyrids are expected to appear. Do these meteors pose a danger? So far, one of them has caused significant damage and injuries from its shock wave, but there is no way to determine if any others as large or larger are heading toward Earth.
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