And it is standard for authors to list their university affiliations on papers whatever the quality of the paper regardless of whether it is a pre-print or not. Look at every other paper on arXiv, they all have affiliations, and there is a ton of crap on arXiv that will never pass pre-review.
These students didn't do anything wrong in putting the paper online here. Now if they did a PR to the media to promote their work and mis-portrayed it as peer reviewed or authoritative, that is a different matter. But putting a pre-print on arVix with proper affiliations is just standard procedure these days.
http://en.wikipedia.org/wiki/ArXiv
And it is standard for authors to list their university affiliations on papers whatever the quality of the paper regardless of whether it is a pre-print or not. Look at every other paper on arXiv, they all have affiliations, and there is a ton of crap on arXiv that will never pass pre-review.
These students didn't do anything wrong in putting the paper online here. Now if they did a PR to the media to promote their work and mis-portrayed it as peer reviewed or authoritative, that is a different matter. But putting a pre-print on arVix with proper affiliations is just standard procedure these days.