That was a tough read. They got REALLY lucky. Young bucks and future studs, take this story as a lesson. Know your GK. Understand your systems, especially what happens to them when something happens that's not routine. Understand how your airplane interacts with the world around it, according to the laws of physics and aerodynamics, in normal and abnormal configurations. Work with your crew. Mostly, never let someone outside your jet fly it for you. Of course, these guys didn't do any of that and they still made it back.
Edited to add: My comments are based on the article as written and my own experience. That said, I highly doubt the accuracy of the media's portrayal of this incident. I'm mostly just glad that two fellow aviators made it out OK when things went horribly wrong.