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How many times have you been stuck in traffic and let your mind wander, dreaming of your personally designed supercar? Take the beltline of that, the fenders of this, those headlights and whatever engine that is you can hear three cars over. Few of us have the resources, talent or time to make it a reality, but Neal Bailey apparently has all three, and the rendering you see above is what his mental wandering came up with: the Baileyspeed Blade.

Sure, you're thinking, "Yeah, nice computer model. Anybody with a mouse can do that." But check out the second picture. Yep, that's Neal Bailey sitting in the Blade as it's being mocked up in Baileyspeed's top-secret workshop (a.k.a. Bailey's garage).

The car's stats are as impressive as its looks, too. A Roush 353 with 480 HP. Fiberglass over box steel frame with a target weight of 2,200 pounds. Four-wheel independent suspension and six-way adjustable shocks and adjustable coil-overs. Price? Bailey only says he hopes to make it "affordable", a truly relative term if you ask someone on a blogger's income.

Bailey tells us that he hopes to have a for-sale version by the end of 2008 depending on how development goes. We asked him a few questions about the project, and you can read the interview after the jump. Be sure to check out our gallery for a few select photos of the Blade's development, and if you want more, there are literally hundreds on Baileyspeed's website.

Gallery: Baileyspeed Blade