cnet's take
The specifications, however, are lower than other comparable high-end tablets. While it has a dual-core processor, it lacks many of the other typical features found in a tablet, such as a camera, microphone, and 3G wireless access. It also only has 8 gigabytes of storage space. The device is more intended to compete with Barnes & Noble's Nook Color, which is essentially a stripped down Android tablet.
The Kindle Fire will also use an older version of Android intended for smartphones, but Amazon remade the user interface, giving it a completely different feel from rival tablets. It can also play games and can surf the Internet using its own custom Amazon Silk browser that uses a combination of cached content on the device and on the Web. The company claims it can predict your browsing habits and preload favorite websites for faster browsing.