Ladies and gentlemen...
[link=http://www.festo.com/cms/de_de/5890_6299.htm]The AirJelly[/link]
An indoor, RC flying jellyfish.
They claim (and, to be certain,
I can't find any proof to the contrary) that this is the first airborne use of peristaltic motion as a drive mechanism.
Surprise, surprise...air really IS a fluid.