My CAD teacher gave my class the introduction for a project on Friday. We're building our own balsa wood gliders, starting off with just three sheets of balsa and a blank slate. Aside from the physical model, we also have to build a 3D model of it on the computer and write up a report. Finally, we get to fly them, but not after testing our design on some software. This is one of the only projects I've ever had that's interested me. A good way to graduate, I'd say.
We can either reverse engineer the model of an actual aircraft or make our own design. Because I have little to no creative talent, I'm going to base my model on a U-2. I'm a little worried about the Dragonlady's tail. I may not have the amount of balsa needed to built it. So I'm going to improvise, probably with an F-104's tail. With any good size scrap pieces, I may build a MiG-21 or Mirage III, just to see how useless the principles of a delta wing are in gliding.
If any one is interested, once the physical model is built, I'll take some pictures.