Summary: I was able to flash the operating system with Android 4.2.2 jelly bean. So basically I got an Android tablet, with the latest version of Android, with a 10 inch screen, and 32GB of storage for $150. Not bad! Also, I was able to pick up a leather case on from NaviTech for 3.99 with free shipping!
Summary: The product is a great product for the price. The internet is slightly slower than expected. However, I am sure that this is due to the high speeds I am used to on my work and home PC's. Obviously, a tablet would not be as fast as a PC.
Pros: Hefty, excellent battery life, decent speed, decent storage, expandable via microSD, hdmi micro output, easy to use.
Cons: Battery life drags with wifi and sleep, has frozen 3 times in 6 months, speakers are very weak, listed as being pre-loaded with awesome apps but lots are bloatware, some lenovo additions to honeycomb are not that useful
Summary: I bought the K1 on Amazon in November 2011 for $300. I was looking for an alternative to the iPad and to the expensive Androids. I've read the "bad" reviews on Amazon and I have not experience any of the really awful experiences reported by some (lockups, bad battery, etc). It's true that the built in speakers are not very powerful, so I use either headphones or an external speaker system (via the headphone jack).
Summary: Have had some issues with the GPS lock on with navigator. GPS test program I downloaded detects 4 - 7 Sats, yet I can't get a lock? After upgrading some android apps I lost the full versions, had to do a system wipe. Most past issues besides the above for me have been addressed with the adroid 3.2.1 upgrade. Still hope that further upgrades can fix remaining issues. All in all good tablet for overstock price but wouldn't pay msrp.
Pros: Mainly Price - at $299 (Office Depot sale) its much more affordable than $499 for iPad2, and for $100 more, beats the heck out of the Kindle Fire, having 32Gb memory, and full access to the Android Market, and a nice 10" screen
Cons: - Turn off auto-brightness... makes the tablet unstable and unusable. I could not get it to come out of sleep in a dim room with it on. - Flimsy plastic back on it. -Occasionally apps crashing, but not too often, and they start up again quickly.