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I've gotten a few questions on this from people who really are not in the know, or people who should re-read my posts.
The 1400 (above) is the successor to the old TOOL, the 1000. The 1400 just recently started to ship to DEVS (as we mentioned last week with the first pictures). What is interesting is the size, going from a very large ~2u rack mount box, down to a system the size of a retail, with a very odd combination of hardware.
I think it looks like the fat PS3. I know what you mean it does look smaller, I think it is just the distance the picture was taken makes it look like that.
Plus if it was the slim version, then I am sure that would be the in the headline or there would be a much bigger deal being made. Also, in most pictures of the slim isn't the power supply/ brick external?