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no, it won't.
As someone who has actually flown on the Concorde, I certainly hope it will. Your negative attitude is what's wrong with the world today.
s/flown/ridden/. FTFY.

I'm going to guess you weren't at the controls.

Also, fair point. I have personally been holding back private supersonic travel for decades. I killed the 2707 a few years before my birth and worse than that, I personally lifted 2 billion Indians and Chinese out of poverty solely to cause demand for fuel (and thus prices) to skyrocket so that in case anyone managed to build an SST, it would be uneconomical.

I'm the inspiration for http://www.youtube.com/watch?v=_ZI_aEalijE

P.S. I'm a pilot who flies (not just rides) planes and I'd love to fly or ride this thing, doesn't mean it will ever happen.

LOL, I understand the difference and I'm sorry for mixing that up. I did in fact fly in the cockpit for some of the journey, but no I was not at the controls. I was also only 9 years old.
Title is missing the (2011) tag.
Yeh for some reason this was linked by a mate on facebook too, I don't know what's promoted it to go around again but it's odd that it is, given it's 2.5 years old.

Anyway, I laughed at this great line: "It will be able to cruise at Mach 3.1, a speed made possible by S-MAGJET hybrid gas turbine engine technology; nobody has ever travelled that fast before."

Right, because man has never gone to space and the SR-71 is just a fairytale.

It was on reddit, it being here is a repost of that
"Our plan is to build and fly the world’s first very high speed supersonic hybrid aircraft by June 2021."

June 2021. At first, I thought "2021" sounds like the incomprehensibly distant future. Then I realized that was only 7 years, the same distance from the present as 2006 is. Then I felt old.

Wow, it's 2014.

We will see Buckbeak {Hippogriff} flying in the sky before this.