I bought one last time for over $100 bucks. Yes, I'm ticked off at woot. Anyway, this is the run down of my experience. PLEASE, PLEASE, don't compare this with an ipad, touchpad, touchyourselfpad. You will be sorely disappointed.
Android Market: half the stuff on it is CRAP or PAID CRAP. You can actually sideload the APK files (meaning without marketplace). I get my apps from freewarelovers.com/android and download them directly to my microSD card. Then open the file explorer and install the app directly. I've gotten a file explorer app, google maps, mapdroid, video player (it bascially just lists the movie files that I've encode to ipod/iphone specs), angry bird (runs sluggish but if you disable the background animation it actually isn't all that bad), real player, besttube (youtube downloader), Overdrive (directly for the company's web site, allows you to borrow ebooks from you local libaray - but only on the tablet side, no eink), tanks and turrets, check and checkers, etc. just got to the website and browse. 'nuff said.
FULL SIZE USB port - you can actually read off USB drives, connect a mouse, and even a USB keyboard (all works great). I've even bought the Lenovo multimedia keyboard/mouse combo and it works. The Lenovo has a micro USB dongle so it does not protrude much from the pocketedge so you can just leave it there.
Bluetooth/Wifi: all work fine, have BT stereo headsets to listen to music and watch videos in bed while wife is asleep.
Stock Browser: one great feature is that you can send the webpage to the eink side to read. I like the feature because I can read articles from USA today, CNBC, CNN and by sending it to the eink side, less strain on the eye.
ereader: not bad, the PDF reflow works well with single column documents. 2 or 3 column articles not so well. I've converted word documents (school textbooks) to PDF and works great. Lots of free epub books out there.
tablet: yes, resistive screen sucks in general, but this one is not bad (don't expect iphone/ipad smooth). but one good feature is that I use a stylus instead of my finger, but sometimes i have to use my fingernail for it to register. it also has an optical track pad and front facing camera (or back if you fold it over) but skype video does not work on it.
Conclusion: What is it good for - good question
3. Internet browsing (has lite flash - was able to play videos from some sites like CNBC, but not all)
5. Run some apps (unless you are an app fiend, and only need a few, this may do the trick)