I find this sort of thing really exciting: Trevor Blackwell's 'Dexter' robot finally walks!. There's a video and everything!

From Paul Graham's post:

There are of course [other] biped robots that walk. The Honda Asimo is the best known. But the Asimo doesn't balance dynamically. Its walk is preprogrammed; if you had it walk twice across the same space, it would put its feet down in exactly the same place the second time. And of course the floor has to be hard and flat. Dynamically balancing—the way we walk—is much harder. It looks fairly smooth when we do it, but it's really a controlled fall. At any given moment you have to think (or at least, your body does) about which direction you're falling, and put your foot down in exactly the right place to push you in the direction you want to go.