Looked Good On Paper

NASA eschews the term ""flying car,"? preferring ""personal air vehicle"? instead. Nevertheless, NASA is designing a flying car that would humiliate George Jetson. The agency is committed to a 15-year time line for three successive generations of flying cars. The first, scheduled for 2008, will resemble a compact Cessna with folding wings that converts to road use (it shouldn't cost any more than a Mercedes-Benz). The second, with a rollout planned for 2015, will be a two-person pod with small wings and a rear-mounted propeller. The third will rise straight up like a mini-Harrier jet and should be on the market by 2020.

Your tax dollars at work, as reported in Popular Mechanics.

Via Instapundit.