Well, it's official, long over due, and it's finally here. Cobra Company has just released 1/72 Pond Racer resin kit.

The website contains a picture of built model and build instructions.

http://www.cobracompany.com/72030.htm

Here's additional pictures of built model.
http://s201.photobucket.com/albums/aa88/modlbldralex/Pond%20Racer%20Model%20Pics/?action=view¤t=69e7a028.pbw

Here's a video of the aircraft in flight.
http://www.youtube.com/watch?v=66q4awWPArM