This phone might bowl you over for its cuteness factor alone.
And you'll be impressed when you hold it in your hand and see ICS running on it, but that's about where it stops.
This phone is a mirror image of the HTC Wildfire S, but it's now minus a LED flash, so no evening party snaps.
It has gained more onboard storage (1GB) for apps and runs Android 4.0.3, so it will be ok for most apps.
However, don't expect an upgrade to Jelly Bean, but expect the phone to slow down when you're using Navigation, or another app with lots of graphics - Flipboard comes to mind quickly.
Your money is better spent on a Samsung Galaxy S3 mini, which will cost a bit more, but will give you bucketloads more in terms of screen, performance and UI. (The S3 mini runs Jelly Bean out of the box).
It is a cute phone, but come December, with lots of specials, you would wish you've never bought it.