Art Bell presents a special holiday rebroadcast compiling Mel Waters segments from January 29 and December 20, 2002. The program traces the full saga of Mel's Hole from its origins on Mel's property near Ellensburg, Washington, where he lowered over 80,000 feet of fishing line without hitting bottom, through the government seizure of his land under a fabricated plane crash story and his subsequent exile to Australia on a $250,000 monthly lease.

Mel recounts his mysterious abduction in late 1999, waking up beaten and toothless in a San Francisco alley twelve days later with his fortune gone. He reveals the significance of a 1943 Roosevelt dime found on the property, minted before Roosevelt's death with an impossible "B" mint mark, and directs listeners to the TerraServer satellite imagery showing his Washington property blotted out with white squares.

The compilation continues with the discovery of the Nevada hole, its metal-lined interior, and the extraordinary ice experiments. Mel describes how a sheep lowered into the hole was retrieved dead, containing a tumor-like mass that when cut open revealed a living creature resembling a baby seal with disturbingly human eyes. The creature later communicated with the Basque through radio frequencies, warning about the dangers of the burning ice.