I was at a friends house yesterday and found a World Model's pilot bust on his work bench.
This was very unusual because he dose not do small planes, as it turned out he was building a new ARF for a friend and since I get almost all the mags I was very surprised to see a new ARF from World Models, the "NEMESES MIDGET PYLON RACER".
It looked to be a bit smaller than a Shoe String, Little Toni or Minnow and it could very well be intended for electric power because my friend was installing a "volter" setup in it but then thats what he's been doing for a while, converting glow and gas planes to electric.

Anyone seen one of these?

Yes. Hobby Lobby has just introduced a tiny one that appears to be a very good flyer. The full scale plane is actually very small. Barely enough room for a small person.

The funny thing about the size of the Nemesis, is that Jon Sharp(designer/builder/pilot of the Nemesis) is quite big for a pilot. The plane is just barely big enough for him! He is over 6' tall IIRC. He won 9 straight Formula One championship races at Reno (over 30 straight races), then donated the plane to the Smithsonian/ Udvar Hazy Museum. He also set a couple of speed records, flying over 280 mph in a plane powered by a 100 hp engine.

Here are a couple of pictures of the original.