Essentially a USB version of the Catweasel???
That's exactly what it is. A flux-tranistion interface
daughter card for a fpga4fun SAXO board (USB2 chip and
Altera FPGA).
http://www.fpga4fun.com/board_Xylo.html
This is probably similar to what the Device Side Data
board is, but the intention that I have is to make the
entire design, including the tool chain and host/device
side code freely available.
The tape wizl is a multichannel preamp and A/D converter
attached to the same board.
Cost could be driven down by designing a single board, but
right now I'm only worrying about the boards needed for
tape/disc interfacing.