Yes this video is 1 hour long, but definitely worth watching. Feel free to skip ahead slowly, like I did. This video is creepy, and there is a lot of cursing, so be warned. [u]As far as I know this is real[/u]; it's not a movie!
Synopsis for the lazy:
Family is having a birthday party for a kid, and filming it. Things get weird, power goes out, and a crash is heard in the forest. Two male family members go investigate thinking it's a plane crash, they bring the camera with them. They discover it's an alien ship, and see, "little green men". They manage to shoot one. They bring it back to the home. They argue about what to do with it, and their safety with the rest of the family. They decide to leave the body, and the camera, there and flee to get help. Camera dies after the aliens walk into the house and out with the dead alien, who is now alive, somehow.
The family supposedly disappeared afterwards.
Edit: Yes, I read the description before posting this. I've heard conflicting reports about the authenticity of the film. Nevertheless it's still good entertainment. I think there may be two versions of this film, and this one is the fake one? I'll do a little more research
Edit 2: it's a fake, sorry guys. I promise I'll do better on my next post.
http://rationalwiki.org/wiki/The_McPherson_Tape
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So the camera died, the family disappeared, but this was uploaded to youtube. That's as real as it gets