The 'Flying Car' Is (almost) Here

According to this story, a local (Boston area) company is "to begin flight tests this year of a two-seater airplane that moonlights as a car."

Cool.

Apparently this is no joke, nor "maybe one day" dream. Founded by MIT students, Terrafugia claims to have deposits "for more than 40 of the vehicles." They ain't cheap. The story says owning one will set you back $194,000.

The company's site states the vehicle will have a range of about 460 miles on just 20 gallons of regular unleaded gas, and a cruising speed of over 100 miles per hour.

Anybody care to give me $194,000?