Forget NANO...... Terrafugia has completed flight testing of TransitionR

Forget NANO... Start saving to buy this little flying wonder by the year 2015 !  Truly Flying Drive...
Terrafugia (Woburn, Massachusetts) has completed flight testing of the Transition POC (Proof of  Concept).
 

Introducing the Transition®.

Simply land at the airport, fold your wings up and drive home. Fly a distance of 725 kilometers at speeds of 115 km/hour; requires a special license to drive and fly.The time required for the transition from plane to car takes less than 30 seconds.
Vehicle speed 185 km/hour, range is 724 km on highways 
Vehicle is fueled with gasoline, and the price of the car is expected  to be around $200,000.
The first shipment will be in 2011.