I like the phone specs cause they are fast enough and makes the phone affordable to a mass. And the camera position allows a nicer keyboard extension than the Jolla (sadly yet to announce).
At the moment it seems the hardware is more limited by the software.

Short:
I wish Ubuntu Touch would be more linux like and would have basic pim features. I really dont care that it is a bit slow at the moment.

Long:
Things that turn me off:

At the moment i could not add a note to a contact, i couldnt figure out how to delete a contact field (this maybe all my fault, im stupid at times).

To add a reminder i seem to need an evernote account.

The file manager has no remote support, no sshfs or sftp.
openssh-server disabled by default. (Can you ask to disable it after i remotely configured my linux box, cause your (maybe all?) initial setup (of the first release) isnt perfect yet)
asking myself: How will ubuntu touch be connected to my Ubuntu Desktop?

I cant even install the XKCD Scope because i need an Ubuntu One account. (this is politics and made me very sad)

tested on Nexus4 15.04 (Build 20141201)

The good thing, i have an terminal that looks like a monitor.

asking myself: Shall i go n(eo)900 or ubuntu phone now to have no pim?