Officially named HY2M Air Shock Battle, this 1/12 scale prop/toy was designed to go with the previously released 1/12 scale RX-78-2. It features lights and sounds, very much like the Force FX Lightsabers from Master Replicas. (No LED Blade though...)
Bandai will release this awesome piece of Gundam merchandise in September for 4980 Yen. I'm so there!