A one person flying platform has been developed. It is called the VertiPod and falls in to the category of an ultra light aircraft. The VertiPod is powered by propeller and works a bit like a segway in that you lean and it goes in that direction. The propeller is found underneath the platform which takes the platform up to 15 feet in the air. Power is generated by a 440 cc engine which is activated with a pull start mechanism. No details of how much flying time there is have been released. However, it can propel you at 40 MPH which is a lot quicker then rush hour traffic.
It costs $10000 with more details available over at Wired.