Gyroscopic wheel as a replacement for training wheels
bikecommuters.com
bikecommuters.com
EDIT: Here's the link: http://www2.eng.cam.ac.uk/~hemh/gyrobike.htm
The enhanced gyroscopic stability appears to be a near constant-rotating balanced mass; it's still rotating with the wheel but at an angular velocity such that the gyro effect is constant (ie reducing slightly as the wheel's own weight adds to the gyro effect?). Thus you get the gyro stability that you get when riding quickly with no hands but constantly, even when riding slowly.
It's neat for sure and bound to do well as it's hiding the stabiliser away and pretending the kid is more advanced, hence parents will love it as their kids will look "better" than the neighbours kid!
http://www.youtube.com/watch?v=t9rSZ4-l3lo
Same guy, 2 years ago.
It's a flywheel gyro system, so it uses the speed of the vehicle and on breaking releases the flywheel to maintain gyro stability - that's the ground breaker ... in 1986, presumably that patent having expired in May 2006 explains the timing? (the startup being from April 2006?)