To Boldly Go Where No Mento Has Gone Before
rjwoodhead writes "This past weekend, my entire family learned what it's like to float in freefall aboard G-Force One (recently featured on the Mythbusters' Moon Hoax show). Being science-lovers, we wanted to do some kind of original experiment. So we decided to test whether the Diet Coke & Mentos reaction was affected by the lack of bubble convection in microgravity. At the link you can find the story of how the experiment evolved and how we talked Space Adventures into letting us fool around with sticky and corrosive cola and candy inside their nice clean airplane, as well as high-speed video of the results."
Your point may be technically accurate, but it's misleading. The only difference between a parabolic flight and an elliptical orbit is that one intersects the Earth, and one does not. Of course, that whole hitting the Earth part kinda sucks, so that's why the airplane pulls out of its dive.
In orbit, the acceleration due to gravity is still substantial. The only difference is, the velocity tangent to that vector is sufficient that you're always falling towards Earth, but you always miss hitting it. You're falling over the horizon.
"(Note that "in orbit" is still inside the event horizon of Earth's gravitational well.) "
Event horizon has a specific meaning, and none whatsoever when not talking about black holes. There is no "event horizon" of Earth's gravitational well. It simply gets arbitrarily small with increasing distance.
"Where experiments would become fascinating is in a satellite in an orbit above Earth that matches the angle and period of the moon's, at a distance that would cause an equal gravitational pull from both Earth and the Moon, and see what happens with two equal but opposite gravity sources effecting the experiment!"
That's not really an orbit, that's a Lagrange point. The effects will be indistinguishable from orbit. Inertial frames of reference are indistinguishable.
Why yes, I AM a rocket scientist!