M003 256 colors?

Hello I am a new member who just ordered an M003 tablet. I heard a lot of the things about it, such as its poor battery life, it not being able to be charged via a USB among other things. However, that was not enough to turn me away from the device, but now I hear that it only displays 256 colors. But even a 20 year old computer can display more that than. I wanted to know if that was true, and if some members could post screenshots of its screen. Thanks I really appreciate it.