Blogs

This one is called, er, the "Bad Ass HoverWASP RC Quadcopter". It's created by a team who call themselves "Two Silicon Valley Engineers" but seem to actually live in Reno, Nevada ;-) They want $1050 for the GPS version (for hold and RTL only) of their quad, although it does come with a GoPro camera and some kind of RC gear (looks like the $59 Turnigy). Doesn't appear to be open source. At the moment, they have six backers.

From the listing:

Our prototype is a quadcopter that took over seven months to develop the proprietary algorithm for stability. This drone has four propellers that requires a special software code to maintain stability while flying. This is especially important if you do any videotaping to avoid a “jello” effect. 

We will have a "ready to fly" out of the box quadcopter. Most airplane and helicopter drones all require a technical assembly process that can be difficult and tedious such as programming your radio transmitter and your flight controller along with wiring and soldering. Our “ready to fly” out of the box drone is so simple that you can let your child fly it. 

We have partnered with a manufacturer to build all the parts to our quadcopter and we will assemble the final product in the United States. But to manufacture the parts and assemble it we need your help. The crowd funding from Kickstarter Backers will allow us to go from beta-prototype into final production.