smoke and mirrors

from Jargon File (4.4.4, 14 Aug 2003)
smoke and mirrors
 n.

   Marketing deceptions. The term is mainstream in this general sense.
   Among hackers it's strongly associated with bogus demos and crocked
   {benchmark}s (see also {MIPS}, {machoflops}). "They claim their new
   box cranks 50 MIPS for under $5000, but didn't specify the instruction
   mix -- sounds like smoke and mirrors to me." The phrase, popularized
   by newspaper columnist Jimmy Breslin c.1975, has been said to derive
   from carnie slang for magic acts and `freak show' displays that depend
   on trompe l'oeil effects, but also calls to mind the fierce Aztec god
   Tezcatlipoca (lit. "Smoking Mirror") for whom the hearts of huge
   numbers of human sacrificial victims were regularly cut out. Upon
   hearing about a rigged demo or yet another round of fantasy-based
   marketing promises, hackers often feel analogously disheartened. See
   also {stealth manager}.
    
from The Free On-line Dictionary of Computing (8 July 2008)
smoke and mirrors

   Marketing deceptions.  The term is mainstream in this general
   sense.  Among hackers it's strongly associated with bogus
   demos and crocked {benchmarks} (see also {MIPS},
   {machoflops}).  "They claim their new box cranks 50 MIPS for
   under $5000, but didn't specify the instruction mix - sounds
   like smoke and mirrors to me."  The phrase has been said to
   derive from carnie slang for magic acts and "freak show"
   displays that depend on "trompe l"oeil' effects, but also
   calls to mind the fierce Aztec god Tezcatlipoca (lit. "Smoking
   Mirror") for whom the hearts of huge numbers of human
   sacrificial victims were regularly cut out.  Upon hearing
   about a rigged demo or yet another round of fantasy-based
   marketing promises, hackers often feel analogously
   disheartened.
    

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