Right? I'm confused why lots of gamer blogs are pegging it as "shockingly expensive". That dock/console and full sized joystick increase the value of the $200 offer significantly. And it's not an illegitimate device like the GP2X or something, it's an official licensed SNK-P product.
If that card slot allows you to play games outside the initial lineup, we'd be stupid not to get this.
You realize the dock and joystick are much smaller than the AES, right? If the scale in the image is what is to be expected in the final product, there's no reason at all to expect a full size joystick.
To say this package is (not) worth $200 requires some assumptions to be made. This would have to be absolutely top build quality and flawless emulation to be worth the price. If this turns out to be anything like Blaze's other products, it would barely be worth $20.
Also, why does it make a different that it's a licensed product? All that means is a company paid SNK enough money to put the name 'Neo Geo' on their product. Anyone with enough money could do so. Unless SNK starts actively promoting this, I wouldn't get too excited about the fact it's licensed.