Summary: This is a cheap, low quality tablet. It's perfect for the kids or use in the garage or other area where it is likely to be damaged. I wouldn't purchase this as a primary device, but it does work, although a bit sluggish, the screen resolution is acceptable and the touchscreen could be more responsive. For the price, it's a good value but not a great tablet. The refurbished model I received was like new. I am happy with it considering what I paid.
Pros: Price, access to Google Play Store, battery life is respectable
Cons: Touchscreen sensitivity, running Android 4.1 (Not most recent version). Screen resolution is acceptable but not great, processor speed is decent.
Summary: I have owned a Motorola Xoom since mid-2011, which is a great Android tablet. Cost a lot more than the 7 Lite also. The Hisense Sero 7 Lite was bought by one of our daughters for her 8-yr-old son (owned for 6 months as of this writing). Sometimes he stays with us in the summer for 3 weeks at a time. She saw how much he used my Xoom, and she found the Hisense 7 for ~$100. This is a true Android tablet.
Summary: At the price I paid after rebate, this was a steal. Would suggest looking into the Pro version, the screen is much better. Ars Technica review of this is spot-on and worth reading, they compare it to a 1st gen Nexus 7. This makes a great 1st tablet, or one to just throw in the car for emergencies, or maybe for the bathroom. Cases are cheap and plentiful. Google speech recognition actually works great on this thing.
Pros: Price. Comes with Google Play. Speakers very good. Microphone is sensitive. HDMI out very nice feature for the price. Build quality is acceptable. SDHC expandability.
Cons: Screen is grainy, colors washed out, low-res. Oddly backlit screen that changes depending on how you tilt it from side to side. Smudges and fingerprints collect fast. Ugly brown case color. Battery life only 4 hours or so. Occasional lag in touchscreen response. Slow memory and storage. Slow boot time. No GPS.
Summary: If you're into custom ROMS, go with the Pro, as there is a larger community of support for it. The ROMS WILL NOT CROSS OVER. You'll soft brick your device.
Pros: The device came without a single scratch, as if it was basically new. It's quick and responsive and there isn't much to complain about. Rooting is a breeze, but there aren't any ROMS for the LT version, so you're kinda stuck, but whatever. This was my first foray in tablets, to see if I like them/would use them, and this one certainly has me impressed. It's limited on features, but what do you expect from a tablet you can get for $30 with a rebate?