Did you ever have imaginary dogfights with model airplanes in your bedroom as a kid? Just in time for your second childhood, a company called Parrot is nearly ready to release a peripheral for your smart phone ever to help you recapture dreams of indoor aerial combat.

Parrot's A.R. Drone is a computer-stabilized "quadricopter"—a four-fanned flying air vehicle that can be flown indoors or out.  And it's controlled over WiFi by an iPhone or iPod Touch.  Just that would be enough to make it the hottest executive toy ever.