Don't look at it as an underpowered console, that's folly, this puppy is going to be wide open and going to do so much more than just play games.
I'm pretty sure this is targeted at us "old timers" that still love our retro gaming, like TG16, NES, SNES, Master System, Genesis, and Playstation.
We get a cheap box that plays all of our old stuff, plus everything we play on our phones.
It's hackable.
Can you say media center with Android and retro games for $99?
That's a steal.
Trust me, this thing is going to be streaming videos over network no time flat, you're going to have full market access by the XDA teams in less than a week, and for the "touchy" games and apps, there's even going to be a way to add in an IMEI via software.