It's only a bit over a half a foot long... it'd make a nice display piece, but with that size I can't really see how weight matters.
Unless, of course, you're about 1/8 the size of the average person and plan on using it for cosplay.
Nice, but I can't see myself buying any of the miniature weapon reproductions they've released along with it (Kingdom Key, Seifer and Squall's Gunblades, Vincent's Cerberus...)