Simply put, the R/C X-UFO from ThinkGeek is “a lightweight but extremely durable craft (built of carbon fiber and EPP foam) with four independently controlled motors that allow you to fly and hover in all three dimensions.” Video after the break. Click here for one more picture.
The four blinking LEDs assist you with orienting your X-UFO. They will also indicate when your electronic gyro is at the optimum speed for maneuvering and, once you get the hang of it, they will also allow you to fly completely in the dark