I was afraid might never get to type these words, but... The HDMI Analogue NT is here, it's real, and it's utterly glorious.
It comes in a beautiful black box with not one, but two foil blocks, gold and varnish. It's impossible to grasp from pictures how heavy the unit is. It feels like it's a block of metal, incredibly solid.
The HDMI works amazingly. The picture is so crisp that it could be coming out of an emulator, however here the performance is identical to a real NES, as it runs directly off the actual CPU and PPU, and no lag is introduced in the process. It's best of all worlds.
I can see why some might feel uneasy putting a cartridge into the slot, as it is a hard metal edge, however I had no problems with the few cartridges I tested. There is a nice little touch when you power on the game, but I won't spoil it here.
I am flying out today, so it will be a few days until I get to put it into proper use. I am super excited after my short gameplay session just now and can't wait to be back.
Overall, spectacular job Analogue. You made it a bit harder to yourself than it needed to be, but I am blown away and got more than I expected with the Analogue NT.