There is a finger friendy keyboard on the SmartQ 5, but it still isn't really finger friendly, it's clearly designed with the larger SmartQ 7 screen in mind.
It doesn't do Flash, but it is possible to play FLV files from youtube. It's really smooth, although it's quite clumbersome to download these until somebody fixes a good userscript for Midori.
The external speaker is absolutely horrible though. You don't want to watch a movie or listen to music that way. I'll try to have my full review up today.