The clip is hilarious.
At 0:47, they cut to a voluptuous newswoman in a tight, low-cut shirt. It would have been cool if they'd put blurry dots over her breasts too.
(Thanks to my son Chris for IMing me about that. He says the effect was much more noticeable and ridiculous on HDTV, where he saw it.)
ADDED: Perhaps, like me, you thought of Attorney General John Ashcroft and the $8,000 drapery.