I have not had my hands on this Android tablet, so I can't speak for its performance, but I must say that I am impressed by the specs. It's running Android 4.o on a 1.2GHz dual-core CPU with 1GB RAM, 8GB Flash storage, microSD card slot, Wifi, Bluetooth, VGA webcam, g-sensor, and an accelerometer.
The screen resolution is a decent but not cutting edge 1024×600. The weight listed on the spec sheet is 11.84 ounces, or about 2 oz lighter than the KFHD. And the general dimensions are somewhere around the size you'd expect for a 7" Android tablet.
I admit, this tablet is running an old version of Android, and the camera is probably junk, but this is still probably the most powerful tablet at the price point. It is a sign of what will come later this year, and proof that my prediction will come true.
Update: Doug has pointed out in the comments that the CPU in this tablet could be pretty crappy. I am not so sure that info is valid. It's based on the specs listed on Amazon and they have been listed incorrect specs before.
I have to say that I am sorely tempted to get this tablet, but my funds are tight this year. If you do buy one, please let me know what you think.