Can they create a Cloaking Device like on Star Trek ?

Question

Is it really possible?

INVISIBILITY devices, long the realm of science fiction and fantasy, have moved closer after scientists engineered a material that can bend visible light around objects.

The breakthrough could lead to systems for rendering anything from people to large objects, such as tanks and ships, invisible to the eye – although this is still years off.

http://technology.timesonline.co.uk/tol/news/tech_and_web/article4494440.ece

Answer 1

At this point such a device would be extremely expensive and limited in size.  When they get it perfected I want one, so my wife can't find me to give me a to-do list. :)