Hi there VTOL gurus...
I am working on this toy for almost 2 years now, and I am almost ready to fly...
This one is designed as a "Normal" model to fly, and should be able to take-off vertically (I don't think it will actually ever hover...)
http://members.iinet.net.au/~microknox1 and click the "Osprey" button
Cheers
Alex