Specs look iffy by what they're NOT saying. I bet the screen is resistive touch because they included a stylus. There's no WiFi n and no details on other key specs like what version of Android, battery life, screen resolution, market access, CPU speed, and the amount of RAM.
My guess is the following:
- Android 2.2
- resistive touch
- no access to Google Play
- 800x640 resolution
- ~ 4 hour battery life
- < 1 GHz CPU
- < 512MB RAM
$50 more gets you a much better Nexus 7.