To give the devil, its due credit, In spite of my rantings here, it is definitely a value for money. What you pay is what you get.
Thought it is a rebranded mobile, Micromax could have upgraded to version 2.2 which was available rather the 2.1
Micromax can think of opening up exclusive showrooms rather than relying on the other retailers. Oh also please make sure it is widely available when you advertise all over the net in all over the sites. [Not making this widely available, is it part of your strategy to help customers to write a good story for the "my first android" contest] Not to mention the accessories which definitely do form a big market. If in doubt check in ritchie street and in ranganathan street of t.nagar.
Word of caution to manufacturers: Limitations of the Android could be perceived as the limitation of the mobile and hence discredit your brand.
On a pure number game perspective, I am very sure the Android will surpass the Apple iOS. Too many manufacturers. Plenty of applications to overcome the limitations of Android. Possibly it could be the history getting repeated all over again. Apple creates the PC market has the first mover advantage, enjoys monopoly for a while until Microsoft licences a crappy version to all the PC manufacturers and Windows becomes a necessary evil Apple again recreates the child like wonder and Google licences the OS to all he mobile manufacturers.
This also demonstrates and makes sense to the Apple's claim, they would want to own the whole cycle to give a superior user experience. They even manufacture their own chips and wont even let you touch the battery, all for the sake of our goodness.
Apple's iPhone is like your Mom food. You have nothing to worry about.
Android phones are like your very own cooking or may be your girl friends cooking. You are at your own risk.
P.S This is what happens when i sleep all day saturday :) Flurry of blog posts!