Anybody who was at the recent Farnborough or Fairford airshows will undoubtedly have seen the very impressive MIG-29 OVT with thrust vectoring engine nozzles. What this basically means is that the engine nozzles at the rear of the plane can turn in such a way that it dramatically improves the maneuverability of the plane - particularly in low-speed flight from what I could see in the demo.
It means the plane can perform forward-rolls, tailslides, endo's
D) and other similar acrobatic stunts.
But in modern combat is there any real need for this? We are in an age where warfare is increasingly done from long-distance missile firing and so on. Is there still enough demand for a jet with good dogfighting ability? Is stealth technology, as seen on the F-22 Raptor, more important than being able to showboat?
Anyway, enough ramling. The jet itself is bloody gorgeous IMO - here's a couple of pics from Airliners.net: