This is the touchscreen remote for the Litl TV box, which aims to go where no man has gone before (since 1998): To turn your TV into a legit web browser with a new generation of web apps.
In case you missed it, the Litl Webbook is a unique "cloud-based netbook" with only 2GB of local storage, a presumably Linux-based custom OS, and a 12-inch display that bends over into "easel mode." Here's what it looks like action:
How did Asus, Acer and all the other netbook manufacturers miss such an obvious ploy? The word "Litl Webbook" must be the most cutely named gadget since the "Chumby." And it's also an interesting product in its own right.