And yes, that is as cheap as it sounds.
The iView SupraPad i700QW is one of the many generic 1GB/16GB tablets which meet Microsoft's minimum standards to run Windows. It has a 7" display with a screen resolution of 1024 x 600, a pair of cameras (2MP and VGA), a pair of speakers, and a lot of duct tape to hold it together. It ruins Windows 8.1 on a quad-core 1.3GHz Intel BayTrail Z3735GCPU.
All in all those are not bad specs, and f this were an Android tablet I would be jumping up and down and telling you to get it. But with Windows, well, I'm not so sure. This is a desktop OS crammed into minimalist hardware, so performance will be lacking.
But so long as you go into this while keeping the limitations in mind, I don't see a reason not to buy this tablet.