Which is exactly what has happened here on two counts -
1) it is not a world first - http://www.thingiverse.com/thing:4156
2) it is not a 3D printing pen, it's just an extruder - exactly the same mechanism as that used in a glue gun.
2. Extrusion is the mechanism through which most 3D printing works. In this case, the extruder is attached to your arm rather than to a machine.