A number of major retailers, airlines and even cargo transporters have now banned "hoverboards," this holiday's must-have gift, due to their hazardous nature. If you've somehow been living under a rock the past few weeks, this Saturday Night Live sketch that aired over the weekend pretty much sums it up.

As SNL portrays in its skit, these auto-balancing people transporters aren't exactly the safest gift you can buy this holiday season. I don't have the statistics on how many have gone bad but there are plenty of news reports of spontaneously combusting boards, taking out some families' homes in the process.

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