You only have to close in the stators to the rotors for it to start spinning. Perendev is said to have made higher power versions of his motor, but none had been sold to the public at the time of this article.
Some even say Perendev cannot be contacted after paying for one of his motors. I don’t know if it’s a hoax, or if Perendev’s business has gone bankrupt.
Update June 15, 2010: Mike Brady, the man behind the Perendev magnetic motor, has been arrested in Germany. More on that here.