This is not new. Researchers have known that human memory is much poorer than people think for a long time. Especially during emotionally-charged or traumatic events like a police action or natural disaster or a battle.
Yet as a culture we still tend to take people’s word for it when it comes to eyewitness accounts of harrowing events that lasted only seconds. And these accounts are frequently terribly inaccurate. Most of the time the witnesses aren’t being deceptive; people just don’t realize that human memory is so limited and that their brain naturally wants to fill in the gaps.
Also, Midtown Hammer Attack is a good name for a band.