Lost Cost ADS-B

In light of pending legislation, I would like to see someone develop a low price point ADS-B transponder that can broadcast position and a selectable secondary radar squawk code in the 1200-1299 range.

I have read and seen some of the commercial solutions; even Sagetech's "low-cost" solution, but for hobbyists, low cost is sub $500 not $8900.

The device that can port the on-board GPS data and broadcast its position at 1090Mhz @1mw.

Has anyone been developing a RCer's version of a ADS-B?

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