Guys, the first flying car is here! No, its not from Moller - this is the company called Terrafugia which we reported on a while back.

The Terrafugia flying car may never be launched in India. No one even knows whether the car really would be all that promises. Nevertheless, the Terrafugia Transition has caught the fancy of many a millionaire. And one from India too. Update: Terrafugia Transition first flight successful! Click through for more