It's a Kromski Harp, purchased from the Woolery. They have fantastic customer service...we got it in 3 days with free shipping! We got the 24" model and a stand.
The first little project is what you see there in the picture. It was supposed to be 2 placemats. But I believe it's going to be one little table runner. Jimmy is actually the one who wanted a loom to begin with....but, since it is fiber-related, I fell right in line. He'll be taking the lead on the weaving front. We were pretty impressed with ourselves for getting it warped the first time.