IS THIS CREATURE FOR REAL?

The strange looking creature above goes by the name, Venezuelan Poodle Moth.  You might be thinking that it is most probably one of the creations for a Sci-f movie, right?  Surprise! Surprise!  The creature is real.
Click the links below if you want to know more about it.
http://cosmiclog.nbcnews.com/_news/2012/08/27/13510167-bizarre-poodle-moth-fascinates-and-frightens-the-masses-online
http://www.redorbit.com/news/science/1112682373/poodle-moth-real-082712/