In Vitro Meat

So, PETA is offering a "reward" to the first person,or group, to create in vitro meat.
http://bit.ly/bOJPPE
What this means is, is that people can eat meat, nix the cruelty. Animals wont have to be slaughtered. But technologically speaking, are we advanced enough to create our own meat, from an animal stem grown in a controlled environment? Its hard to say, but If imagination inspired us to create things like TV, tape recorders(which were pretty cool in their day) and things closer to our eon like ipods,IPADS, and ebook readers, then why not put our minds to the test and create generic meat. Sure, What humans know about the human/animal body is still mediocre, but our knowledge is growing at an enormous rate. My only issue is that Peta is offering such a measly award for such an awesome idea which can potentially change the way people consume meat.

~*`*~BEACH OF NOTHINGNESS~*`*~

Beach of Nothingness
Today is a new day
The minute I wake
Im forced to face
The responsibilities of today
Because I don't think I put yesterday to good use
I'm worried tomorrow will suffer from today's mistakes
I just want to stay in bed a little longer
To close my eyes to the world
And go back to the Beach of Nothingness
I want to be surrounded by nothing but the sun, the ocean and sand
The chaos which surrounds me in the real world
is a work of fiction there
Its the farthest limit, the deepest depth of my soul
I can be alone there,
listening to the waves break at the shore
Or lay on the sand and look
at the cloudless sky
wondering when I'll want them to float by
I have to do the best i can do today
So I can better enjoy the beach Tonight
(ad perpetuam rei memoriam)
for the perpetual remembrance of the thing