Familator = Famicom + Emulator. Teeny-tiny little Famiclone currently being sold in Japan. Very small, about half the size of the original, use the controllers as a comparison.
Problably cheap like other famiclones, but invokes that retro feeling by using the original's color scheme.
More info is needed.
1/22/06:
Emails from my faithful readers tell me that this console is also known as "Famulator" and sells for about $30. Thanks to Ty for the info.