Dad and I just read the Popular Mechanics article talking about how the FAA is relaxing restrictions, and how many cheap airplanes are out there now... :)
It's sort of exciting, and gets the ol' daydream motor running. OTOH, he went through a flying thing back when I was in high school. He eventually lost interest because there are almost no VFR days, and the other members of the club he joined were having to ditch the plane, rent cars and drive home (then drive back for the plane) in order to avoid getting stuck for some unknowable time in BFE.
I've been looking at the sky and thinking about this since then, and he's right. Not that it really matters to me anyway. $40,000 might as well be $500 quadrillion for all the likelihood that I could come up with it.