Yeah, we talked about it a couple of years ago. I think I'm the one who brought this bootleg to his attention. I have more pictures somewhere that shows the LED light on. You can actually see the round black button on the nose in the picture I've provided. It's almost the exact same quality as the $5 carded bootlegs with the exception of the LED, VF-1A head and the removable heatshield/clear canopy.
I think there was one guy on these boards that lived in Shanghai who had bought one and was talking about possibly buying them in bulk and offering them here, but that never happened.