So its a slightly worse nexus tablet for more $'s?
Sorry Acer, you get a stamp of disapproval from me.
If you cannot match the price or beat the specs of the Nexus tablet, don't enter the market. The Nexus will have superior software support which will lead your user base to frustration that the "cheaper" device is treated better, and works better.
This has an sd card slot though, but 8GB is plenty of space for the casual crowd, which are the ones spending $200.