The technology in Iron Man's suit may be closer than we think.
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if no one is going to create this i am their to do that. trust me i just had been thinking about this since i watched iron man. i am just thinking for a small energy source and the suit is not a big deal.
Yeah problem isn't the suit its the power source
70-80 years for the general tech (propulsion, weapon systems, stabilizers, inertial dampers, etc), ~120ish for the compact fusion reactor that would be needed to power it for more than 30 seconds. (Note, this is not necessarily using the exact same tech described in the comics, just tech that would be effectively similar and make the suit function as displayed)
Edit: Just read the article. Never knew about the "suit made entirely of nanites that can repair or replicate itself and any weaponry on the fly" deal. Be closer to 200 years for that.
basically this article says we are the jackasses on Iron Man 2 who are trying to mimic Stark's creation but failing (he shows their footage around the beginning of the movie)
Creating the suit might be the easy part. Making it bullet proof is the real question.