I dare say. Run through the getting started manual and it doesn't seem to shabby. On page 46 they even remind you to take a rest :-) Too bad it's such a tiny FPGA and so little memory.
I emailed their support line to see if they can supply the board with a 1C12 and they replied that an updated 2C20/2C35 is in the make. They offered to replace the board as soon as the 2C20/2C35 becomes available (obviously you need to pay the price difference :-).
These guys appear to be pretty strong in the customer-service department. I ordered one of their boards and they actually UPS overnighted it from Taiwan to the US for $20 shipping.
The board powered up fine, and has a lot of stuff on it to play with (a la the Spartan 3 boards), but I haven't had time to install the software and mess with it as of yet.
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