Yes, the Tapi is silly looking. But it makes some sense. Attach the Tapi to your faucet and squeeze the rubber end to turn your faucet into a low cost, full-fledged drinking fountain. No cup necessary!
If you don't squeeze the rubber end, water will flow normally. I think I'd buy one of these if only to spruce up my kitchen with some color. It's supposed to be available this month. [Dreamfarm via Laughing Squid]