Honestly, it looks like a toy that wouldn't fly very well. Most cheap electric ducted fans I've seen or read about are marginal for thrust, and this thing sounds like it has no throttle control, just rudder and elevator (2ch). Until it comes out and someone tries it or reviews it, this is just speculation, though! The only ducted fan park flier I've heard of that sounds like it flies well at all is this Kyosho one...
http://www2.towerhobbies.com/cgi-bin...p?&I=LXCFL1&P=

Here's a review of it, with a video of it flying at the end...
http://www.rcuniverse.com/magazine/a...article_id=103

This isn't cheap, but it seems like it might be pretty good!