I have checked it out, it has an 133Mhz ARM7 processor and there is players for divx,mp3,wma and ogg formats.
It has picture and text viewers. It even has a amigaprotracker player. And some guy hacked the extport on his gp32 to have 2 serial ports, he also made a terminal program.
All it lacks is an amigaemulator, usbkeyboard driver and a htmlviewer.
Imagine playing speedball, sensible soccer and superfrog on that!!!