Yes, it's exactly what it sounds like:
"With the USB Missle Launcher you can defend your cubicle from unwanted co-worker intrusions or defend your room for unwanted siblings! The USB Missile Launchers features 3 foam projectiles that can be fired up to 20 feet at an extremely fast rate. (at least twice the range of any other product on the market) Turn, swivel and move the USB Missile Launcher up and down from your PC to aim the missiles towards your target. The computer control panel can be controlled from your mouse or your keyboard. Realistic sound effects bring the rockets to life as they leave the launcher towards your foe."
They don't, however, mention if it's Mac compatible. Two other reasons that I won't buy it: I don't think my coworkers at my temp gig would care much for it (I'm the only dude) and it's still a pricy $25.
But if I were still at Disney Animation, I would have ordered this faster than you could say "it's all fun and games until a co-worker loses an eye."