[Low C Sharp]

The only thing that makes me believe that this kind of thing is not happening in this day and age is with the advent of youtube and myspace - cell phone pictures would be circulating and it would be all over the web.

I'm not sure about this. Imagine cell-phone pictures of sorority or fraternity initiation ceremonies. They would be GREAT youtube fodder, but you don't see them anywhere. That doesn't mean that the ceremonies aren't happening. It just means no one has been posting pictures...so far.
________
BUY BUBBLERS