Kershaw Eight-20 King Penguin: 1950s Lomography?

I'm sure you're all aware of Lomography's new folding camera, the Belair X 6-12. While I'm waiting (impatiently!) for my Globe Trotter to be delivered I thought I'd explore its distant ancestry by revisiting some of my old folding cameras. First up, the Kershaw Eight-20 King Penguin.