Ok, so supposedly this is a "real competitor" for the iPad, but the author lists the following downsides:
1) It’s a resistive screen.
2) It’s not a very bright screen, like the iPad.
3) It’s not a blazing fast CPU.
4) It’s limited for video.
5) It will be heavier than most eInk devices.
6) There’s no 3G, it’s WiFi-only.
Here's why these matter.
1) There is a very good reason no one uses resistive touch for devices intended to be used with your finger. The experience is horrible. You're better off trying to use your fingernail than you are your finger, and that's just awkward.
2) From the photos (and they might just be bad photos) the screen looks find for black & white, but muddy and washed out in color.
3) So responsiveness will suffer when running the full version of Android
4) TILT
5) This hasn't really been a problem for the iPad, but the iPad doesn't suffer from the cumulative negative effects listed here.
6) Not a big problem, IMO. A lot of people bought the WiFi iPad, and for good reason. If you're going to have a 3G data connection, it should probably be in the form of a MiFi or something similar.
Here's the biggest problem of all, items one, two, three, four add up to a lousy experience, and experience is everything. Sure, people might buy it once, but they won't use it if the experience sucks, and they won't buy another. The shame of the matter is that they may condemn tablets in general, rather than understand the attribution as I've listed it above.