video from YouTube by rattusvulpes
This Golden Oldie (literally Gold) looks very very familiar. If i'm correct, I remember seeing the transformations of this thing while it was coming out of DIY progress on the Internet. I think it was called Pegasus. It looks like it's a pretty finished project now that's gone into mass manufacturing under Wondlan as the 'Ares'. (Doesn't Ares mean 'A$$' in some languages?)
Because of it's entry level price for a Gimbal style stabilizer, I'm finding more and more people doing reviews on the Ares. Although it looks like a Steadicam Merlin, it doesn't have a full functioning Gimbal as the Merlin. The Merlin has much more travel in it's design. Then again it's not priced like a Steadicam Merlin, and it appears that this Ares stabilizer can handle much much more weight than the Merlin can, so it's not ALL bad.
I'm not a fan of the Gold color scheme, it looks like something Austin Powers might have carried in his last movie, or a prop designed for the next Marvel Comic movie. Hey, you can't knock the awesome smooth results this bad boy is putting out though. You can find the decently priced Stabilizer here if Gold is your thing.
Update: Good news, you can send an email to the seller and specifically ask for 'Black', and that should solve that Gold color issue.
click images to find Wondlan Ares