If it's anything like the one I bought here in the states 2 years ago, then it's a chinese made bootleg. The one I bought was actually full of NES games, but they abviously didn't officially license them. There were spelling/translation errors in the games and artwork on the box from completely different (unlicensed) sources.
I have no idea how they legally sold them.
It lasted a total of 3 days before it broke too.

I'm not sure how much US$ that $120 AUD is, but be prepared to be dissapointed if it's like the one I bought.