Summary: I purchased this tablet when it was on sale for $300. I wanted a tablet that would be capable of running a recent version of Android, and is good to read books and browse the web on. After upgrading to ICS, it's responsive and has not shown any software issues. As others have noted, the 16GB variant of the Thinkpad Tablet doesn't come with the digitizer(pen).
Pros: I like the business oriented design of this tablet., OTA upgrade to ICS available now.
Cons: It is relatively heavy. I would say I don't read on this device as much as I expected to because of this point.
Pros: Flash player. Handwriting recognition the best for the moment. 32 Gbit on + 32 on SD card = great!
Cons: Soooooooo slow I can write by hand, scan and use another device to do OCR. Freez so often that I could use it to cool down my temper! Battery life... ! Will not recharge on a USB and very slow on outlet.