Mobile phone stand/USB hub

The USB Hub Plus Smartphone Stand is a phone-stand that connects to Android or iPhones and then (somehow) allows them to access files stored on other USB drives connected to the hub. No idea if this is any good, but at $11, it may be worth a flutter. I'd be interested in knowing whether this would also allow a mouse and/or keyboard to talk to the phone.

USB Hub Plus Smartphone Stand (via Red Ferret)