The HCL Me U1 isnt low on specs as it has a 1Ghz singlecore processor along with 512MB RAM. While it manages to handle the mundane tasks easily, it did freeze a couple of times.
Connectivity options include USB port, mini USB and Wi-Fi. So I can say that its average in performance and you haveto compare with others now a days there is better options available in the market. So overall I dont like it most.