Wow, it's really nicely done! It may be a fan-made item, but there's obviously a lot of love gone into this little project.
Hmmm I would love to get my hands on that machine, and if I get it. Well hallelujah But if it is just a fan made job, then meh. Then I would rather buy something else, cause if it is a megadrive clone, then great.
If it's a real product then it's obviously fan-made since Shinryaku! Ika Musume is a new, popular anime. You see, both at the opening and during the series we see Ika Musume (the main character) playing with a Mega Drive parody:
