With all eyes on Rutan and his scheduled Monday launch of SpaceShipOne, few seem to be paying any attention to the other players in the X-Prize "race." Rutan may have it locked up, but Armadillo Areospace isn't just going through the motions. Here's a really nice video of their latest field test. Note the landing. Sure, this approach is about as energy inefficient as one can get, but it is pretty cool, all the same.
(thanks to Transterrestial Musings).