What is it? Game 40

Yay! It's time for our weekly collaboration with What is it? Blog. If you can guess correctly this strange contraption, there's a Free Neatorama T-shirt for you!

Contest rule: place your guess in the comment section, one guess per comment but you can guess as many time as you'd like. Post no URL, please - let others play.

For more clues, check out the What is it? Blog (I promise, it's NOT a torture device!)

Oh, and Steve Walker who won the last What is it? game - you've got one week to contact me and claim the prize (a Free Live! Pro Webcam by Creative) or we'll just toss the prize back in for future game.

Update 10/12/97 - here's the answer:

Leather creasing machine, used for continuous creasing of straps up to 1-3/4" wide.