From the Diamond Comics Distributors webpage:

From Kaiyodo, makers of Neon Genesis Evangelion and Trigun toys! Check out this Previews World Exclusive blue, post-head trauma figure, that's not even available in Japan! This figure is based on the shocking and riotous FLCL (Fooly Cooly), the hit Adult Swim anime about adolescence, expectations, and alien intrigue, created by Studio GAINAX! Available exclusively through Previews, the Kanchi figure features 17 points of articulation and a variant hand and comes in original Japanese blister card packaging.

This figure is pretty much the same as the original red version, only it now features the blue paint job featured through most of the anime. It still suffers from the same flaws (top heavy, odd joints), but if you are a FLCL fan, this is the version you were waiting for.

As stated above, this version is an exclusive to the US market, brought to you by Diamond Comics Distributors. On the package, it states: "Sorry Japanese otaku, this toy is not available in Japan".

That's very cool.