Posting some info I saw somewhere on the pandora forums

Post from a member there that had spoken to a SmartQ rep.

"I just got off AIM with a SmartQ rep, and he says:

1. It will indeed have a stylus that works with capacitive screen

2. The linux environment is LXDE

3. The price is indeed 899 Yuan, but that is the China store price. Shipping to US will cost more, and will be slightly under $200 for the unit, shipping, accessories, and a 1 year direct swap warranty for any defects.

specs are
It also has 3D acceleration (4M triangles/sec) with OpenGL ES 1.1/2.0 support!

Specs on the CPU:

• ARM1176ZJF 533/667MHz
• 65nm low-power process
• DVFS power management
• mDDR/DDR and mSDR/SDR
• WVGA or higher display resolution
• Hard-wired 3D GFX accelerator
? – OpenGL ES 1.1/2.0
• Hard-wired multimedia (>WVGA)
? – MPEG-4 SP codec
? – H.264/263 BP codec
? – VC-1 (WMV9) decoder
? – JPEG/2D hardware
? – Hardware rotator & post processor
? – TV encoder
• DMA
• Security hardware: DES/3DES, AES, SHA-1
• High-speed connectivity
? – UART
? – High-speed SPI
? – USB 2.0 OTG
? – High-speed MMC
? – MMC+/eMMC
? – SDHC 4-bit
? – SD cards/iNAND 2.0
? – I2S
• Pin compatible with S3C6400 & S3C6430
• Package: 424 pins, 13x13, 0.5mm pitch FBGA"

If the above information/specs are true, this seems to be a very well priced(for the consumer) device.