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Michael J. Fox went on Late Night With David Letterman on Thursday to show off the recent announcement of the new Nike MAG 2011. Sneakerheads have engraved in their memories the scene where Marty McFly in Back to The Future Part 2 puts on the pair with its power-lacing capabilities. Sadly, this almost exact replica will only feature LED lights, but it will most certainly pave the way for more futuristic, illuminated sneakers.

The actor’s funny and ingenuous dialogue with Letterman included details of the limited edition shoes, where a stock of  1,500 going for $75,000 will be auctioned off on Nike’s Ebay website, and that the proceeds will go to the Michael J. Fox Foundation for Parkinson’s Research. He also stated Google co-founder Sergey Brin will match the amount up to $50 million through 2012.

Check out an interactive demonstration of these kicks, as well as a short two-minute film that stars Saturday Night Live’s Bill Hader and Kevin Durant with a cameo by Doc Brown himself over at back4thefuture.com.

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