Nes World have some information about the release of a clone of the Nes Console:

Welcome to yet another look at the dark side of the Famicom/NES era. This time around it's the Super Pegasus, and even though I've seen a lot of pirate stuff in my time, I've never heard of the Pegasus or seen a more direct rip off of an existing console.Famicom clones come in various shapes from the SEGA Megadrive to the Nintendo 64 to Playstation 1 and 2 and the list goes on and on. Some of the most common one is probably the Super Famicom look-alike, also known as the Mastergames Supercom 72. Well the the Super Pegasus fits in the Super Nintendo rip off category, only it's looking exactly like a Super Famicom, even the cartridge lid is Super Nintendo shaped.

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