The ad I got in the Sunday paper said 1GB ddr3 ram, 4GB internal storage, micro sd expansion, and built-in wi-fi. Multi-touch, yes. Camera, no mention.
Specs according to their website:
7" Capacitive, multi-touch display
Connect to the internet wirelessly (Wi-Fi)
Web browsing & e-mail
Wirelessly download apps and eBooks
Store and play music, videos and pictures
4GB internal memory
Micro SD card slot (for additional memory)
Video out jack
Rechargeable Li-ion battery
Operating System: Android™ 4.0 (Ice Cream Sandwich)
Processor: 1GHz ARM Cortex A8
Graphics Accelerator: OpenGL ES 2.0 (3D game support)
Screen Resolution 800 x 480 (16:9)
Internal Memory: 4GB
External Memory: Micro SD
Networking: Wi-Fi 802.11 b/g/n
Battery: Rechargeable Li-ion Polymer
Sad part is it's only available in stores.
Current Phone: Droid Bionic with 16GB card.