There was a lot to see at the MassChallenge Class of 2012 coming out party Tuesday night when the Boston-based accelerator’s 125 finalist startups strutted their stuff for media and investors. Here are my four favorites. (So far.)

1: Drones for Peace. We all know the impact unmanned aerial drones have had in war. Rotary Robotics co-founders James Peverill and Adam Woodworth saw that up close working with the military, but wanted to find a better way to put that technology to use. Their plan is to create inexpensive 1-lb drones that could help reporters crowd-source stories (a la the Arab Spring) or give farmers a bird’s eye view of their land. The planes themselves are made mostly of off-the-shelf Radio Shack type gear. Their secret sauce is the software and integration that will take a GPS location from Google Maps, send it to the WiFi-enabled drone, which then flies off…

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