The Flying Hovercraft from Hammacher Schlemmer, who boasts “Offering the Best, the Only, and the Unexpected for 164 years,” is an amazing vehicle that is sure to rank as one of the year's best water toys; however, it will cost you around $190,000. This incredible machine can travel at 70 miles per hour and is powered by a 130 horsepower, twin cylinder liquid-cooled gasoline engine. The Flying Hovercraft operates in both fresh and saltwater and also has the ability to glide over 30% inclines of soft terrain including sand, snow, mud, desert, and grass.