Wrath: There are lots of awesome experimental planes and helicopters that you can buy and build today. The Rotorway Exec is a small 2-seat helicopter that has been available for decades for something like $30K (much more now, I believe).
For that matter, you can buy an older Cessna 150 for maybe $12,000, and commute with it if you are near an airport. It would be much cheaper to own than a newer car.
But there’s a big difference between these proven designs and some of the pie-in-the-sky designs that have been floating around forever without becoming reality. There is a reason why ducted-fan VTOL airplanes aren’t readily available, and it has to do with power-to-weight ratios, fuel consumption, and the danger of losing an engine while in hover. The Harrier Jet has an abominable safety record.
Airplanes like the Moller Skycar are technically feasible, but practically useless. This aircraft uses 8 wankel rotary engines driving four ducted fans, with a sophisticated computer-controlled fly-by-wire system to keep it stable. Yet Moller says it can be sold for $80,000, when a Cessna 172 currently sells for $130,000, and has only one engine and a simple propeller (no computer).
A new aircraft design, even a very simple one based on currently accepted practices, takes years and millions of dollars to get through government certification. The Moller Skycar is a collection of uncertified components, many of which are totally unproven, and any of which could bring the airplane down if it failed.
The ducted fans on the Skycar are only a few inches off the ground - a surefire way to suck FOD into the fans and destroy them. This one little detail could prevent certification, and there are hundreds of such ‘details’ in this aircraft (which, by the way, after over a decade of development has not even flown).
Most of the radical ‘dream’ aircraft out there suffer from similar problems. A lot of very smart people have been designing airplanes for decades, and if hydrogen peroxide was a good fuel for airplanes someone would be using it. Etc.
There are some genuine breakthroughs on the horizon that promise to make light aircraft cheaper, faster, and safer. NASA has a small gas turbine engine program that may get us a truly inexpensive jet engine for general aviation. That would be revolutionary. Burt Rutan has led several revolutions including composite aircraft structures, which has led to new planes like the Cirrus SR-20 which is much faster and more fuel efficient than other airplanes. But these kinds of improvements are incremental. There are good reasons why you don’t see radical, overnight changes in the way we fly.