Start at 5:15 for an exciting transition from fast flight into steady hovering (note that yaw from the propeller can be corrected for): http://youtu.be/DDyRpiv5_ps
I haven't seen this much, but people have put collective pitch propellers on 3D models to support fast thrust reversing: http://youtu.be/6YkkZw9GVaU
Full-scale stunt planes can hover too: http://youtu.be/qvXGATdWhEk
"During the flight, the autopilot prevents any false maneuver which could bring the flying wing down."
[1] http://www.theverge.com/2016/1/4/10711178/new-parrot-disco-d...
(thrust generated by the prop + the lift generated by the wings gets the plane in the air)
all of this attempting to have the prop helicopter the plane in the air is called a 'stall