It looks very homebrew to me -- I know that some early gassies had a soldered-on bypass, but the ones that I've seen followed the Brown Jr. tradition of a 'u' shaped bit of metal going straight up the outside of the cylinder, not that Borg-inspired tube that you have there. Further, aside from that curvy tube I see no provisions for a bypass at all.
I'm not even sure if it'd run for long if that's really silver solder -- AFAIK gassies want to run hotter than glow engines, and need to have stuff like that brazed on. I suppose it could have been designed for spark and methanol fuel.
I'm guessing it was an early effort by someone building his own engines. Certainly the quality of the soldering is something that you wouldn't see on a production line unless the manufacturer lacked a lot of pride.
If you're really interested,
www.modelenginenews.org has a "whazit" section -- they'd love to get some nice detailed photos of that thing.