Summary: I bought mine at a Black Friday 2005 sale for half off. The usual price at the time of this writing is $70 - $90. IMHO, don't buy this camera at that price - look for a closeout on a Fuji, Kodak or HP instead.
However, at $40, it is quite a nice little camera.
The controls are largely intuitive, and there aren't a lot of them to learn. There are a total of 5 buttons, including shutter release. The buttons have different functions in shoot and playback modes, which can be a bit confusing at first.
I found the optical viewfinder completely useless. This isn't a problem, as the LCD display previews the image.
The LCD display is sharp and bright.
The setup and operational menus are logically ordered.
The camera has a full-size standard USB connector, which is great. If the cable is lost, any standard USB cable serves as a replacement.
I don't like the idea of AAA cells in a digital camera, as even AA cells don't last long enough. However, given the small size of the shell, I don't suppose there was any alternative. If shooting for any length of time, it would be wise to carry a second set of batteries.
The picture quality is good, which was pleasing - I'd looked at reviews before buying it, and most of the sample images were quite dark. So far, the automatic exposure has been correct in all cases.
The hand feel is good. It might be a little big for people with small hands, but I can comfortably hold and operate it with one hand.
The flash is a bit weak. The manual states 6 to 9 feet, which seems to be correct. There is no red-eye preflash, which could be a problem if it's necessary to get that close to the subject.
When reading images out of the camera, be sure that the playback/shoot switch is in the playback position. If it's not, the camera switches to webcam mode.
It would be nice if the camera took any size SD module. It accepts up to a 256 MB SD module. Given the AAA cells powering everything, however, the batteries will be dead long before shooting 160 images (stated capacity in high-quality, high-resolution mode).
The lens is reportedly plastic. There is no lens cap, so keep the camera in the (included) pouch when not using it.
I haven't bothered to look at the software bundle. I've
got too many image editors around already.
The camera is not made by Polaroid. The packaging states that the camera is made under license of the Polaroid name and logo. I don't see this as a problem, since most digital camera "manufacturers" don't actually manufacture their cameras.
For the price I paid, it is a decent entry-level camera for people who aren't sure about digital photography.