Anyway this isn't really anything new. You can already build your own plane from plans, and the plans only cost about $100 (a very small portion of the cost of building):
http://www.quickheads.com/index.php?option=com_ixxocart&Item...
In theory it may be possible to build a safe aircraft for $15k, but it really depends a lot on the builder.
Also, to debunk the "they're unsafe" line:
"How Safe Are Amateur-Built/Homebuilt Aircraft?
Studies by FAA and the National Transportation Safety Board (NTSB) show that Amateur-Built/Homebuilt aircraft have an accident rate less than one percentage point higher than the general aviation fleet. In fact, the accident rate for Amateur-Built/homebuilt aircraft is dropping. The total number of registered homebuilt aircraft is increasing by about 1,000 per year, while the total number of accidents has stayed virtually the same. Another good barometer of safety is insurance rates. Companies that insure both homebuilts and production aircraft charge about the same rates for owners of either type of airplane. That indicates a similar level of risk."
http://www.eaa.org/homebuilders/faq.asp
Edit:
"Safety data on experimentals show them slowly approaching accident rates equivalent to those for small factory-made planes. And with some 25,000 experimental aircraft in the FAA's registry and another 1,000 added each year, more amateur-built than factory-built airplanes have been registered during each of the past five years, according to Bob Warner, executive vice president of the Experimental Aircraft Association."
http://www.nbcnews.com/id/3686445/ns/technology_and_science-...
As for accident data: I think the EAA statistic is misleading. I believe they are looking at total number of accidents. However amateur-built planes comprise only 10% of the GA fleet, and their fatal accident rate is 3-4 times that of the rest of the GA fleet per flight hour:
http://www.avweb.com/avwebflash/news/NTSBCompletesHomebuiltS...
> The governing regulation in the United States is FAR 103 Ultralight Vehicles, which specifies a powered "ultralight" as a single seat vehicle of less than 5 US gallons (19 L) fuel capacity, empty weight of less than 254 pounds (115 kg), a top speed of 55 knots (102 km/h or 64 mph), and a maximum stall speed not exceeding 24 knots (45 km/h or 27.6 mph). Restrictions include flying only during daylight hours and over unpopulated areas.
GA is not some super-dangerous activity that's guaranteed to kill you. But let's not pretend that it's perfectly safe, either. Such an attitude does a disservice to all involved.
A GA pilot is still much more likely to die in bed than in his airplane, but the risk is substantially elevated compared to the average.
LSA has 2 seats, take off weight 1300lb (600kb), max speed 120knots (138 mph), no specific fuel limit.
An ultralight is good for fun, but not practical for transportation. An LSA can be used as transportation - it's about 3 times faster than a car.
I'm assuming they're planning on making it a partial kit, and if you're expected to 3d print some of the parts $15k for "other" supplies (mostly avionics and engine) sounds pretty reasonable to me.
It was my first time flying such a primitive old plane and honestly I hadn't had such fun since my first solo. I was walking round with such a grin.
Old planes aren't bad at all. They are tried and tested, meanwhile this design doesn't exactly look as modern as a Diamond or similar cheap to run glider-come-airplane so it's hard to be excited in all honesty.