In a way, I want to invest in this. Yet, something in the back of my mind tells me it would not be an investment, but a transfer of cash from me to them...with no product at the end of the bargain.
2 years from now, it's going to be interesting to see what percentage of projects actually delivered on their promises.
In this particular case, time to market is going to be super critical. They must get to market within the next 9 months or these hardware specifications will be laughable and Android 5+ will already be out there.