Yes, I'm disappointed. I would maybe have gotten one at $350, but $500 is a little much.
My rule of thumb for any tablet like device is to compare it to the iPad. Does it offer a better deal? In this case, no. For the consumer, the iPad or any other $500 tablet is probably a better value than the Jetbook Color. Tablets do so much more for that price.
The Jetbook Color will ship with a suite of educational software, including test-taking, scheduling, reference sheets, and other apps that schools have requested. It will also have TTS. In terms of hardware, the Jetbook Color is using a color E-ink screen, with a grayscale resolution of 1600x1200 and a color resolution of 800x600. It has a Wacom touchscreen, Wifi, and a microSD card slot. The color quality on the screen is marginal compared to LCDs (washed out is a good description), and you cannot use the touchscreen without a stylus.
The iPad, on the other hand, is built into a huge ecosystem of apps and developers. I don't know if it has educational apps similar to the Jetbook Color, but I wouldn't be surprised if it did.
Okay, the JC does still have value, but wow is it expensive.
P.S. If you are a teacher who has a Jetbook Color that you can spare, please let me know. I'd like to visit it, maybe borrow it, or (if I'm really lucky) buy it off you. I'm hoping to review it before it hits the retail market. Thanks.