Worst-case scenario: the UEd Goblin wipes the map and burns down your house.

UE3:StaticMeshThumbnailRenderer (UDK)

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UDK Object >> ThumbnailRenderer >> DefaultSizedThumbnailRenderer >> StaticMeshThumbnailRenderer
Package: 
UnrealEd
This class in other games:
UT3

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This thumbnail renderer displays a given static mesh