With increasing osteoarthritis in aging runners, there are some creative, if pricy solutions. I think the eliptical trainers are good for low impact but if price is no object, here are the cutting edge devices.
http://www.mayoclinic.com/health/elliptical-machines/AN01620Orbiter: Hybrid treadmill-trampoline that features a flexible running surface made of a suspended, 3/8-inch-thick rubber-cotton-Kevlar belt.
Price: $9,950. (281) 424-5220;
http://www.orbitertreadmill.comPneumex Pneu-Track PT 50: Super-tread with a maximum speed of 30 mph and an overhead frame that "unweights" a runner by using a cable-attached vest harness to provide slight lift.
Price: $26,500. (800) 447-5792;
http://www.pneumex.comAlterG Anti-Gravity M320 Treadmill: Device that lightens a runner's weight by as much as 80% by lifting the body in a bubble of air pressure.
Price: $28,000. (510) 270-5900;
http://www.Alter-G.comElliptigo 8S elliptical bicycle: A stationary-handled, 40-pound elliptical machine on wheels that is targeted at runners.
Price: $2,195.
http://www.elliptigo.comMachines to help you take a load off