I just skimmed the report, but here are a few points from what I gleaned:
The three designs above are meant to be a family of related aircraft: two-seat trainer, four-seat utility and four-seat high-performance models with many common components. They are meant as turbofan alternatives to contemporary piston-engined aircraft, not competitors to business jets or turboprops. All are unpressurized.
The performance of the four-seat utility version, for example, is predicted at 150 mph at 10,000 feet for a range of 800 miles. Stall speed is a docile 55 mph with full flaps and take-off over a 50 ft obstacle only 2035 ft. All of those numbers are quite reasonable compared to a four-seat Piper, Mooney or Cessna single-piston-engine prop.
They are meant to use very low-power engines optimized for efficiency. We are talking about 216/404/469 lbf static thrust, respectively, for the three variants. The author rightly states that a turbofan designed for a single-engine, low-speed light aircraft is a very different beast than one for a high-performance jet. Efficiency and light weight are primary, while engine size is pretty much irrelevant, so a large centrifugal compressor, for example, is not a handcap.
The key to any such design, of course, is the availability of a reliable engine in that power range for reasonable cost. Williams (with NASA) worked on such very small turbofan engines in the past, but apparently decided that there wasn't any money to be made under about 900 lbf static thrust. I hope the Price Induction <
http://www.price-induction.com/>DGEN engines actually come to market someday, which would allow manufacturers to test the waters. I'm not that optimistic about the prospects, however.