I got this Phone a month Back. Its Andriod, so you have markets, apps, Gmail sync, Google maps. etc etc. I will list the points that I used to Select this phone in the market. And there was no Competition, which could give these specs.
Touch is very good ( thanks to Capacitive Screen )
Screen Resolution is 320X480, 4 times more pixels than 240X320... hence would suffice for urgent Browsing, I use it for Looking up KBC answers :P, my wifey uses it for Online Recipes,
It has a very Big Capacity Battery 1500 Mah.. lasts 36 hours with 3 hours of Surfing Over WIFI. Would last 2 days if no WIFI.
Hardware : 512 MB Ram.
800 MHz Processor : NO Lags in any games, Gaming is smooth. 170 MB internal Memory (where the apps get installed : I have installed 36 Apps from market. and still there is 50 MB space to go.
Software : Works seamlessly, Smooth Graphics. Does not hang/Crash. Android Version 2.3.4
Has GPS, Magnetometer,
DIVX compatible device : Plays all .avi files downloaded from internet without any 3gp or mp4 conversion.
Negatives
The only negative I Felt was the camera quality . its a 3 Mp Shooter, But clearity is not great. Just Okay , in Day light. suffers in Low light. NO FLASH.