It’s true. According to Wonkette, the flying penis helicopter was released during a speech by a Russian chessmaster who also happens to be quite politically active in the "Other Russia" movement. You can read more about it here and here. The video may take a few minutes to load, but it is worth the wait.
About Dr. Debby Herbenick
Dr. Debby Herbenick is a sex researcher at Indiana University, sexual health educator at The Kinsey Institute, columnist, and author of five books about sex and love. Learn more about her work at www.sexualhealth.indiana.edu.