(...) I figured it was there for something for kids to hold while "flying" their ship around the room. It works pretty well for this purpose. (25 years ago, 12-Jan-00, to lugnet.reviews, lugnet.starwars)
(...) It's two things in one: The proton torpedo launcher (hence the blue cone), plus something to make the ship stand higher when on the ground (kinda looks like it's floating, like in the movie). (25 years ago, 13-Jan-00, to lugnet.reviews, lugnet.starwars)