The iPhone market, as well as many other cellphones' market is huge, and it's not only the USA or Europe.
In many 3rd world countries there are more cellphones than cars, computers, etc...
There is market for anything.
This chinese phone will sell, because there is a huge market for phones like it.
About this thread title: Look Pretty Convincing, this is so relative, I highly doubt that any MR member will be deceived by this HIPhone, and in other people's mind this will be the way to go.
The best tactic for this HIPhone marketing is to take advantage that everybody knows there is new iPhone coming, and many people haven't even saw it, specially on TV, the news programs (not cnn, regular tv channels) typically broadcast news with old footage, and you can see them talking about the new iPhone but showing the first gen iPhone videos instead of the new to come iPhone 3G. Many people will buy it.
This HIPhone is affordable and will make many buyers in other markets happy for some time.
I wouldn't ever buy it, but I find very interesting that its design shows that many hardware things could be included in that size factor: like the dual SIM slots, what by the way a good friend has always asked me when this feature is going to be available in the

iPhone.
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