Do Power Bracelets Work?

So what are those goofy looking things everybody is starting to wear on their wrists?  I hear it's supposed to help you balance..or something like that..but what do I know?

Power Balance bracelets, the popular performance accessory worn by athletes including Drew Brees, Kevin Durant and Kobe Bryant, provide no scientific edge, the company confessed this week.

(via Makers of power bracelets admit there's no science behind claims - Y! Sports Blogs - Yahoo! Sports.)