A Quadcopter Development Platform (Video)
Not everybody at a Maker Fair (or even Faire) is there to get kickstarted or to make a billion of whatever it is they're displaying. Ned Danyliw is one of the non-kickstarter people: an electrical engineering student displaying a quadcopter development platform he hopes can bring the cost of a quadcopter prototype down to $50 or so, or about the same price as a toy quadcopter. You can follow Ned's work step by step and see all the code at his blog, Burnt Transistors. (Alternate Video Link)
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They've been regulated since before they existed. The FAA already handles them, just like RC airplanes they've handled for the last 50-60 years.
And for reference:
http://ardupilot.com/
They aren't going to bring the price down to $50 until the sensors are $1 each. Considering a quality GPS still costs > $50, as do a set of gyros or a set of accelerometers that are high enough quality to be useful, this is a year or two off still.
Persistent Volume manager for Kubernetes - https://github.com/dwimsey/openshift-pvmanager