What do you think about this very cheap Android device?

UbiSlate 7+ (~60$)


Ok it's bigger and a tablet without keyboard but has some identical hardware:

- Android OS 2.3
- Cortex A8, 700 Mhz Process with HD Video Co Processor
- 256 MB RAM
- Storage: (Internal) 2GB Flash / (External) 2GB to 32GB Supported
- Peripherals: 2 Standard USB Ports (Ver. 2.0)
- Audio Out: 3.5mm jack
- Display and Resolution: 7" Display with 800x480 pixels
- Supported Document Formats: All Version Office Document formats and many more
- High Quality Video Streaming & HD Quality Video Playback
- Input Devices: Resistive Touch Screen
- Connectivity with GPRS & WiFi IEEE 802.11 a/b/g
- Battery: Upto 180 minutes of battery, AC adaptor 200.240 volts

http://www.ubislate.com/index.html
http://www.aakashstore.in/