It's for real. The website is: www.maslowcnc.com. You can read and see it in action. I saw it cutting at San Francisco Makerfaire last month. Check it out.
It's real, it has been reviewed on the Tested channel and others.
It's slow, limited now, but since everything is open source there have been improvements. It isn't going to replace a real Cnc for 3D work, but it will cut things out of sheet stock.
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