I had left work for the day shortly after this thread was started so I didn't know about this question until somebody from the office called me and asked me to look at this when I got home. As the maker of this pen I can assure you that it is not photoshopped. I can also say this is not an easy pen to make either (I haven't done any others as I don't have the spare parts to easily recreate it). I'll give you all a list of the used parts now and if anybody would like I can list some more detail instructions in the next few days. So let me know and I will do my best.
Here are the parts needed:
Spare Teacher's Pen Kit (namely 1 short tube, a transmission, and the refill with threaded coupler).
Spare Chrome Slimline Kit (namely writing tip, center band, and clip).
As for the lower tube, this is actually the tube supplied with the bobble stylus kit. (When I initially made some stylus kits for myself, I felt the tube included with the bobble stylus was too short so I set it aside and made mine with a standard 7mm tube for a slimline kit). I'm sorry I don't know the exact length at this moment but eyeballing it I would say it is proud of an inch.
Since the refill used is a shorter one the transmission will get pushed into the longer tube farther than normal. When making this I really just used the guess and check method (I guess something good did come out of grade school!). As all of you know though, before you can mess with the transmission you have to put the writing tip in first. This is the tricky part of the whole process. The hole in the tip for the refill to protrude is too small for the teacher's pen refill to fit through. To resolve this, I took some coarse grit sand paper (120 grit I believe) and rolled it into a thin tube that would fit up the tip of the nib and sanded it out to size. This was a little time consuming but that's how I did it. (After completing the pen, Rex Burningham and I discussed using a small drill bit to bore it out quicker. I haven't actually tried that yet so don't experiment with that if you're worried about messing up the parts. I'll try to find some more spare parts and let you know what I discover).
Hopefully this sheds more light on how this pen was created. I realize this isn't for everyone as it requires lots of parts from different kits. Perhaps if there is enough interest in a pen kit of this size, it can be considered for addition to our line of kits. Let me know if there are any questions! I will try to answer questions in a timely manner but I won't be back in the office until tomorrow morning!