Was it all just a Wild Falcon Chase?

You've all seen it by now, heard the discussions and read the comments.  If not, look here... Balloon Boy Video  Unfortunately I had the "luck" of seeing this family on one of the few episodes of Wipe Swap I ever watched and my honest opinion is, in short, Richard Heene is nuts.  That said, I couldn't help but think about this family and what types  of parents these people are and whether or not they deserve to keep their kids now that we have seen a little more into their lifestyle.  It also got me to thinking, what responsibilities to we have to our children?  If this was all just a hoax and this child was coached into doing this so his parents could get some attention, what should the authorities do?  Even if it wasn't just a hoax, is this a safe environment for kids?  Is there a standard that parents should be held to?  As parents, do we have the right to raise our children any way we want as long as it's within the bounds of the law?  Are children the property of their parents?  I want to know your thoughts.... and if you have trouble posting a comment, just email me and I'll post if for you... baylaw@me.com