I have observed this visual effect very long time ago, first time at tv because of bad signal, then on vhs tapes and so on. Having a tuner i've played a little with the common software called virtualub to make some adjustments. This vdub has a couple of plugins and one of them "chroma noise reduction" has the feature called "chroma shift". Thus I found the effect, it's name and the ideea of a short clip shortly arised.
I started watching this show on tv called :transfer (produced by videorgy) and the ideea of motion graphics, audio visual mixes and such made me consider this effect more seriously and to actually make a little video. I started of course drawing much of it on the paper, many other effects and transitions came in my mind and of course lots of songs, especially electronic music too use on the soundtrack.
Also I want to thank videorgy.tv for broadcasting my first videomix in :transfer :D