This looks like it really turns the electric guitar into a truly portable instrument. And better yet, one you might actually want to play. Though it’s not much different then plugging in any other electric guitar to your iphone, and using amp sims to play and record. But it makes it a bit more convenient, and the built-in amp means other people can hear you too.
It’s realistically priced too. You can pre-order one from there IndieGoGo campaign for $399. They have already made nearly double their goal of $35k.