I wonder what ever happened to the geared turbofans that both GE and P&W were so hot on in the late 80's when fuel prices went through the roof? They both had test a/c with one on the back that was about 30-35% more efficient and met noise limits. They were supposed to solve the TP's speed limitations, weren't they?
see:
http://en.wikipedia.org/wiki/Propfan