[quote author=Benm link=1204963819/0#5 date=1204993136]It IS just heat, nothing special about it. When you focus 200 mW of light on a tiny spot on that cigarette, that part just heats up to the point of thermal emission. The goggles make this visible on camera, as the red light is blocked out for the most part and thus the blackbody radiation of the target becomes more visible.
I think you'd find it very difficult to reproduce this effect using for example a black anodized heatsink as the target - it just doest heat up enough.
The effect has nothing to do with 'overloading' your eyes, the inner workings of the eye are such that you will always see red as red, all the way up to the point where the intensity will damage your eyes. This is completely different from a camera, where it is quite usual to overload the sensor and make the dot look white with a red corona around it.