Yes, I have been waiting for this. YES, YES, YES!
Everything from Obama masks to Obama bobble heads are available and now comes this awesome Action figure of President Obama from Hot Toys (known for their Movie Masterpiece series)! At 1/6th the scale, the figure has over 38 points of articulation that allows you to pose Obama as you wish. Suitable for fabric costumes at the 1/6th scale and comes with 2 pairs of hands, 2 heads and fantastic details on his facial expression. Measures 30 cm (11.8 inches) in height.
More info: Naked Barack Obama Action Figure