I've been hearing about this for a while now but always kinda assumed it was an urban legend. I'd heard about nesting parties but never known anyone who'd been or seen any video of it.
The deal is that people shred hundreds of old phone books and then find a room with four walls and no windows. Invite a band over to play, invite a couple dozen friends over and fill the room with lots of booze. Then everyone gets f'ed up and pretends to be hampsters in a cage. Twisted, right. I finally found some video of a nesting party from NYC.
Feast your beady little eyes...