Its really worth the money ( bought it for $99 when $= INR 47

) , I have been using it from almost 6 months and very much satisfied
Positives
1. Remotes being strength for Logitech, it gives you a full keyboard using which you can control your TV, Set Top Box and Home theater and you can use i Devices to pair with logitech to give you a full fledged remote.
2. nice working features like browsing, media player with 2 USB ports, Apps like picasa, you tube
3. IR busters works solid, can control pretty much any DVD player.
4. releasing honeycomb update this week so you would have access to variety of apps from android market.
Negatives
1. Services like Netflix, Pandora etc are not available in India..( not Logitech fault)
2. the early software is not so great, gives rare problems like not playing file formats and no audio kind of issues. ( but 90% of time it really works fine ) anyways expecting the update this week.