Re: [EHR:475.5Gh/s] Hashrack.com|Hashpacks 0.5Gh as low as 0.25 BTC as fast as 50Gh

So, does this company actually have ASICs? What hardware is currently hashing away to produce the 1200MH/s I see on the website right now?

No, they're just using the money sent to them to preorder from BFL and when it comes they'll host it for you.