http://www.popsci.com/technology/article/2010-03/f-35-completes-first-success-fully-vertical-landing
http://www.youtube.com/watch?v=LPy7FuA0Z6A
Thats amazing!! The nozzles on the wing surface to control Yaw (just like tail rotor on Helis), using the thrust from the main engine is also innovative.
Wish similar R/C on exact principal is not very far. Or already flying ? No doubt it would need hinge amount of sensors and processing.
http://www.youtube.com/watch?v=_GjrPvSBGXE