Just as the ONEX (anticipated) is the much anticipated Sub-Sonex. this video was shot during OSHKOSH 2010 and Sonex are ready for first test flights.
The Sub-Sonex essentially is a homebuild jet that has a legit jet engine made in the czech republic. I am so excited about this aircraft, as this would come in around the same price as a new cheetah or Jabi.
So all in cost is around R480 000 (1USD = R8.00)
Heres the video:
Heres the anticipated Specs: (note they have since fitted tri-gear configuration)

SubSonex Basic Specifications
Length:
15' 9" [4.80 m]
Wing Span:
18' [5.49 m]
Wing Area:
60 sq. ft. [5.57 sq. m]
Empty Weight:
330 lbs [150 kg]
Max Gross Weight (takeoff):
750 lbs [340.2 kg]
Engine:
170-200 lb thrust turbine
Fuel Capacity:
32 U.S. Gal. [121 Liters]
Construction:
All Aluminum Riveted


So after the ONEX build maybe we can build a squadron of these
