some dudes comment
"My money's on this being something like a cut-down 3DS in a box: all the games they've listed are available for the 3DS Virtual Console complete with save state support. They also send you to the eShop page for each game when you click through for more information. The size and power draw of the DS components are also reasonable for a device like this.
As a corollary, doing a SNES model would require them to make a new3DS in a box at an equally low cost which might not be practical yet."
more than likely it will be hackable.