I have been using this phone for 5 months
One word - Totally satisfied and No regrets
Cost:
I bought it for 10350 rs.Now it 9.5 k odd.
Handset:
Looks great, mine is white colour.finishing was great
No drawbacks about hardware
Screen:
The bright IPS screen is simply superb
Software:
It had Android ICS when I purchased; later I updated to Jelly bean the official release from Micromax in home itself without going to sevice center.had no problems whatsoever
Audio:
I use poweramp app from playstore for songs n music.is simply rocks
3G / 2G / Downloading and Browsing work like charm without any hassle
NOW COMING TO CONS:
The charging time is very long; it takes 6 hrs for it to charge
The Charging pin is very loose and frequently malfunctions after 5 months of usage
Sometimes the dual sim function doesnt work
Sometimes the battery calibration shows wrong readings
Final Verdict:
For the money we pay its a good device; a true VFM product; Can buy without hesitation
One more thing - my piece has fallen to ground thrice.highest around 11 feet but had no issuse.i use the flip cover.
So finally decide for yourself