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That product suffers from what I call "the Segway syndrome". Namely, you look extremely dorky on it.

What do you care what other people think?

Segways, as well as water jetpacks, are lots of fun. Care less.

Pairing of money and mouth: Me falling off a Segway like a 'tard. ( http://www.youtube.com/watch?v=G0Zk5eFAHJU )

I personally don't care, but the public evidently does when it comes to product adoption.

The problem with the Segway is more likely the fact that it's extremely expensive compared to similarly-purposed motor scooters.

Or just walking.