Thanks for sharing this news.
The manual says the two knobs sticking out of the top of the recorder are volume control for external or internal mics. So this machine has individual level controls for left and right channels.
This recorder is unusual in the use of 1/4-inch jacks for external mics. I think this is to allow direct input from electric guitars and other instruments. Also unusual is that the internal mics stay active when external mics are plugged in. You have to manually turn off the internal mics when you want them off. This could be an advantage in a few circumstances (sing along with input from your electric instruments?), but I bet this feature will ruin a lot of otherwise good recordings!
A couple of limitations: The PCM recording maximum data rate is 44.1/16. The signal to noise ratio of the preamp is 55 dB. And the recorder is quite large, about the size of the Zoom H4.
At $150, including two lapel mics, the price is attractive. I'm guessing, but I think the $175 Zoom H2 will prove to be a higher quality recorder.
Flintstone