Check out the video at the below link, very cool

Flying Car a Step Closer to Reality

Weird-looking cars are a dime a dozen. Far less common are weird-looking cars that can also fly AND have approval from the Federal Aviation Administration. Indeed, as far as we know, there's only one of those babies: The Terrafugia Transition.

The private aircraft/funky-looking car has been in the news before. But the recent announcement that it's going into production sparked mega-searches on the Web. Almost immediately, online lookups for "terrafugia transition" and "terrafugia transition pictures" both, well, took off.

A popular article from the UK's Daily Telegraph explains that the FAA's special exemption allows the vehicle to function as both a "light aircraft" and a car. Normally, for a plane to meet the "light aircraft" designation, it can weigh no more than 1,200 pounds. The Terrafugia Transition weighs 1,320, due primarily to the number of car-related safety features, like airbags and crumple zones. The "light aircraft" designation is key, because licenses for planes with that label require only 20 hours of flying time. Fewer hoops to jump through means more potential sales.

So, how does the plane/car work? Check out the flying car's official video below. So far, 70 people have placed a deposit. The total retail cost: $194,000. Expensive, but really, can you put a price on skipping commercial flights?

http://buzz.yahoo.com/buzzlog/93804?fp=1

Here's another video about it

http://videos.howstuffworks.com/science ... ideo-37559

Still looks too much like an airplane for my liking!

I still think its the best looking car/plane that I have seen yet