There is an areocar available in the US beginning in 2011.
http://www.flightglobal.com/blogs/fl...a-reality.html
However, I agree with the spirit of your comment. In my opinion, SSTO might be technically possible at some point in the distant future. At best it will always be a compromise just like the aerocar, which is really neither a very good car nor a very good aircraft.
Thus far even partially re-usable launchers have failed to live up to cost expectations. STS is a prime example. The Orbital Sciences Pegasus XL system is better, but that's only because of the L-1011 part of the system. The Pegasus itself is more or less a conventional rocket - three stages at that. SpaceShipOne and SpaceShipTwo are not capable of orbit so in my opinion they don't really qualify as launchers. The fastest airbreather so far is the X-51A Waverider and it has only managed about Mach 6 for 200 seconds. That demonstrates the extreme difficulty of achieving sustained hypersonic velocities.
The Wiki article (
http://en.wikipedia.org/wiki/Reaction_Engines_SABRE) about the SABRE engine makes some amazing claims. To quote, "The engine gives good fuel efficiency peaking at about 2800 seconds within the atmosphere. Typical all-rocket systems are around 450 at best, and even "typical" nuclear thermal rockets only about 900 seconds." Are they talking about specific impulse or specific thrust or what? Are they claiming efficiencies in the range of ion engines? Then there is the matter of the helium powered turbopumps re-cycling waste heat. Why not do the same using the hydrogen fuel? The helium system just seems like extra mass.
My gut feeling is that this whole concept is fundamentally flawed. I find it hard to believe that they can achieve the engine performance claimed. I don't believe it is possible to design an airframe that can be sufficiently aerodynamically efficient across such a wide range of airspeeds. I don't believe they can build it light enough to carry sufficient fuel for SSTO and still handle the dynamic stresses and thermal issues of SSTO. And even IF they could do all that, I seriously doubt that the life cycle cost could be competitive with more conventional commercial launchers such as those being demostrated already by SpaceX.