So it's an emulator box, only overpriced and with copyright lockdown? I guess it might be nice if you've already got an extensive multiplatform cartridge collection, but serious collectors are generally purists about accuracy, and not into emulation. I'm sure this thing has a market, but it can't be very large.
Related, the link to the fancy $400 composite-to-HDMI converter is a little weird. Those things can easily be found for $10-$40, depending on features.