Unmanned aircraft are becoming a popular Christmas gift. But if you're bored with the basics, building an FPV (First Person View) racing quadcopter is a nice way to level up. And screw gifts: You can just build one for yourself any time of the year.
This step-by-step guide with FPV quadcopter racing pilot Charpu about how to build a sleek model at home is a solid intro to FVP racing community's DIY corner. It's definitely an expensive undertaking, so maybe check out a model for beginners before plunging into the world of DIY quads without any experience, otherwise you might have an $850 hunk of crumpled parts and sadness when you lose control and crash the aircraft.
If you know what's going on, however, this is a project that allows the thrill of seeing something you created flying through the air. Here's the full list of components provided: