In fact, it's a lovely piece of the glassblower's art (you'll need to go to the kickstarter to see the video) and is a highly tasteful novelty.
At the kickstarter, there was a link to Degenerate Art: The Art and Culture of Glass Pipes, which can also be seen for $3.99 at amazon.
This is more gorgeous glass pipes than you can imagine, from the sixties to the present. They were legal for about nine years with the makers showing expanding exuberance and inventiveness, and then the DEA clamped down. I'm not sure how one does big glass artworks as a illegal product, but somehow ambitious glass pipe makers are prospering underground.
If you happen to like theory as well as looking at art outside the mainstream, then I'll note that I'm reading a couple of sources (Siroli, Taleb) who state very strongly that the crucial thing in business is to be able to take skillful advantage of the opportunities you see as you proceed rather than putting primary emphasis on planning, and the glass pipe business is a prime example of leaving room to try new things. It's also a line of work where the customers are the only gatekeepers. Still, at least some pipe makers are looking forward to the day when glass pipes are in museums.
There's also a little discussion of whether adding a bowl to a sculpture so that it's functional makes an important difference.
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