The Icarus Excel 2 sports a 9.7" E-ink screen with a screen resolution of 1200 x 825. It runs Android 4.0 on a 1GHz CPU with 512MB RAM and 4GB internal storage, and it has a Wacom touchscreen, Bluetooth, Wifi, and a microSD card slot.
In short, the Icarus Excel 2 is a rebranded Onyx Boox M96 and thus has the same limitations (no frontlight, undesirable touchscreen, etc). Like the M96 Universe which was announced earlier this month, the new Excel is on my don't buy list.
Here's why I recommended avoiding the M96:
To put it simply, the M96 Universe is hobbled by the fact that it is really an updated version of an older Onyx ereader - one that was developed before frontlights and capacitive touchscreens were readily available.
If measured spec for spec, the M96 Universe would come up short when compared to the T68 Lynx. The larger device sports a screen with a resolution of 825 x 1200, which is a significantly lower resolution than the 6.8" screen on the T68 Lynx. The smaller device has a screen resolution of 1440 x 1080, and I think you would appreciate the difference.
Of course, that is simply my opinion which is an opinion and not a decree.
But if you do get the larger ereader I would recommend buying the M96 Universe, and not the Icarus Excel 2. I plan to avoid buying from Icarus because I have had a couple bad experiences with their retail operation.
The M96 Universe is sold by Arta Tech, a Polish company, and can be pre-ordered from Onyx-Boox.com for 309 euros. That alone makes it a better buy than the Icarus Excel 2, which is going to sell for 399 euros.