My 5 year old got one of these yesterday
http://www.radioshack.com/product/in...ductId=3401677
http://www.danbartoys.com/usd/nano-c...d-assault.html
It's very delicate and more of an older teen/adult toy even though it says 8+. He's very good at flying it though, but the downside is you can't really steer it, it tends to just spin, even though it does have left-right control.
Other downside is, when it's just been charged it's very sensitive and tends to just go straight into the ceiling, unless you can master it, which my son seems to have.
I wonder if we can tweak it to be more controllable, it does say you can trim it if it goes left/right too much but i haven't sussed it out yet.