That and upto 32GB expandable memory and Adreno 200 GPU. If it really comes for 9k I'm definitely buying it
EDIT: UPDATE:
Another device launching at a similar price is the Acer Iconia A110 7" tablet. Acer Iconia A110 Sub $200 Android Tablet Announced | Geeky Gadgets
Dude, Adreno 200 is present in all budget android devices, Optimus one, Galaxy Mini, Ace, Wildfire etc..
In my opinion, anything less than armv7 is not worth buying, you wont be able to experience android to the fullest..
To OP
Buy a neo V, it is available at 13.5K at ebay, best deal as it has 800*480 screen , 1 GHZ processor with Adreno 205, 512 MB RAM, Front cam, 5 MP with Flash, and Official ICS.. Not to mention the bravia graphics engine on the phone..