So its a hot glue gun with a fine tip and auto-feed?
The first rep-rap 3D printer used a tweaked hot glue gun as the extruder.
Though they are showing photos of objects that must have been created this way, it's not clear how well this goes in practice.
It seems the Eiffel Tower is made by drawing over a CAD printout and welding the pieces together.
I can see a few moms and schools wanting to buy something like this for their kids. This will also be a hit at kids' parties just like the fancy shaped balloons. Also, I doodle badly and I want one :)