We're currently redesigning to cut weight. But along with cutting weight comes cutting the weight of other parts, like the Xbox Kinect we'll be mounting on.
Turns out a lot of the Kinect is unnecessary, and we'll try to cut it by at least half from its original 1 lb. Here's some pictures of our progress!
Our Kinect-PandaBoard setup.
Removing the pan-tilt base
Entirely disconnecting the two boards
We'll cut off as much metal as possible and see if we can balance the weight of the boards across the quadrotor in different places. Cool stuff!