This is the AR.Drone Quadricopter. It was demonstrated at the recent February Main Meeting and everyone wanted one:
It weighs less than 500 grams and can run for about 12 minutes before recharging (1 hr 30 mins). [ Buy several batteries ]
The controller can be an iPhone, iPod Touch or iPad. However, manufacturers French Company Parrot have released the computer source code so that enterprising people can change the program and control it from other devices as well.
It runs on an ARM 9 RISC 32 BITS CPU 468 MHZ, DDR RAM 128 MB — 200 MHZ, using a Linux OS.
More details can be found at their website.