I've had the m001 for about a week now - got it for $99 from deal extreme. The fact that I haven't even turned it on in the last two days should give you some idea of how useful I've found it.I had originally intended it as an ebook reader upgrade to my Nokia n800 (maemo), but that isn't going to happen. I've been using ebook readers for about a decade now - starting with the Toshiba e330, then to the Dell Axim with wifi, then to the Nokia N800 and now the Kindle 2. As an eReader - the m001 is not even as effective as the ancient Toshiba e330 for several reasons:1) m001 has 256 colors; e330 had 65,5362) m001 can hardly dim the screen for nighttime reading; the e330 can decrement at 1% levels all the way down to 0% (pure reflective).3) relative to its screen size, the m001 is bulky, heavy, and runs hot - so I've found it awkward for reading in bed; the e330 fits in your hand, has curved sides and a perfectly placed side button for turning pages.4) battery life / power management is nonexistent in the m001I realize that the m001 was only $99 - but considering you can get the old e330 on ebay for around $30, I don't think the m001 is even worth that low price. And if you're not going to use it as an ereader, the only other purpose I could see for it is web-browsing/checking email while traveling - but the horrible wifi functionality and battery life rules that out too. With it's current software - I don't see any use for this device at all. When all is said and done - I don't think this device is even worth $50 unless you're just wanting to buy a toy to fiddle with. The bottom line for me is that the m001 can kinda do several things poorly, but it can do no single thing well or for very long.I'll hold onto my m001 to see if a software update (or winCE build) can solve any of the current issues, but I suspect I'll end up selling it in a month or so when I get tired of this $99 paperweight. Note: of all my ebook readers the kindle 2 is superior in every way but one: nighttime reading, which is unfortunately the one time I read. For the price, you think Amazon would have at least built in a couple of LED lights...