OK, this last one takes the fucking cake. I think it's real...
Check out the tiny logo in the middle of the handle --
The site describes it thusly: "Hello Kitty Hi Capacity .45"
More text from the site: "Clarence is well known in Hong Kong and Japan for the beautiful and high performance guns he made. Other than a air-soft / model gunsmith, Clarence is also a well known BBIPSC shooter in Hong Kong. He had joined major IPSC competitions in Hong Kong, Japan and Philipines using either air-soft gun or real gun. Let's look at his work!!"
Link: http://www.dentrinity.com/ClarenceLai/cl.htm
Scroll down to the tiny picture of the "Hello Kitty .45", that looks like this.
I'll be fuck, but I think it's the real deal.
That's it for now. Good night... More tomorrow, maybe...
Edit (March, 2005): Couldn't bear for this one to go the way of the dead link (as so many others have done in this thread), so here 'tis again...