I can remember growing up and going through school in the 70's and early 80's.  We all thought there would be flying cars by the time the next century rolled around.  Well as it turns out, they're coming!

Now granted, the price tag is a little steep.  It'll set you back $194,000.  According to "The Register" out of the U.K., 70 people have plunked down a deposit so far for the vehicle.

It's called the Terrafugia Transition.  It's a light aircraft that can convert into a road-legal automobile.  It's a two-seater that can use its front-wheel drive on roads at ordinary highway speeds, with wings folded, at a respectable 30 miles per gallon.  The craft requires a 1,700 foot runway to take off, can fit in a standard garage, has a cruising speed in the air of 115 mph, has a range of 460 miles and can carry 450 pounds.

Since it's classified as a "light sport aircraft," getting a license requires just 20 hours of flying time, making them much easier to obtain than full private licenses.

Obviously for most of us the cost of this thing will prevent us from buying.  But that might not be a bad thing initially.  As is the case with many new inventions, the bugs need to be worked out before they function properly.  I'll let others be the guinea pigs.