Dean Kamen has made the announcement: “It” (also known as Ginger) is a battery powered scooter-thingy called Segway (internal diagram). I'm not overly impressed, particularly given the $3000 (US) price tag.
Apparently, the rider can simply shift weight to control the forwards and reverse motion of the Segway, although that is limited to 12mph. It's battery powered, but a six-hour charge only gives it a maximum range of 15 miles.
Will someone please tell me: how is this better than a bicycle?