Is it true that the Terrafugia (The Tranisition) flying car/aeroplane a fake.?

Question

Is this something that will "take off"?

Answer 1

found these videos you may be interested in

http://www.rotorwingflight.com/videos/id...

http://www.youtube.com/watch?v=tGNnfeGPV...

Here's another "flying car" concept that has been under development even longer

http://www.moller.com/

Answer 2

This car is in development and as far as I know there is no prototype as of yet. Is it fake? I think not. Will it come to production and be available to the public anytime soon? Questionable. The development costs and process are very expensive and time consuming. I noticed that the web site is quite vague about future production.

http://www.terrafugia.com/company.html

Answer 3

Flying cars have been around since the 1930's.  So far, none of them have been a significant financial success, and you'll still need a pilot's license and comply with all FAA rules and regulations to fly one.