This was on the news a few months back. It was designed for the army to enter deep holes in the ground and be able to scape in case of hostile fire from inside. Pretty nice idea not very controlable for our purposes. (It goes too fast to be able to evade obstacles.) The price is too much for me either. ($1000 starting prize to the Army)
The Atlas grew out of the 2004 Soldier Design Competition at MIT. Contestants were asked to create a device that could hoist 250 pounds of weight 50 feet into the air in five seconds. The contest rules also specified that the device had to weigh less than 25 pounds, which meant it would have to pack five horsepower of power"
http://news.zdnet.com/2100-9596_22-6159452.html