Icon’s foldable airplane is meant to fill that all-important gap between, say, hang gliders and commercial jets. This 2-seater Light Sport Aircraft (LSA) was unveiled last week to much applause by people with all sorts of cash. From a gadget standpoint, though, the Icon is worth a little deconstruction. It’s powered by a rear-facing, reciprocating engine, can be configured for water landing, has a maximum takeoff weight of 1,320 pounds, has a max airspeed of 120 knots (138 mph), and features a dashboard that’s meant to be familiar to car drivers. Unlike the Terrafugia, the Icon is not meant to drive up to your house, but we figure you’ll be cruising around in some expensive SUV with this thing in tow anyway. And better yet, you can order this thing online with a credit card and a $5,000 deposit. Check out the video of the Icon’s unveiling after the break.

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