While I’m taking it easy and stick to looking into hand helds, Brick ordered one of those $70 (oops, now $80) radios and looked into the programming software (here, here and here). Compared to other software we know from Chinese radios, this software appears to be free of funny English. Lots of options too. I like TX Inhibit, which will allow you to listen in to out-of-band traffic without the risk of accidental transmissions.
I’m still in the dark when it comes to RX and TX qualities, but I guess it won’t take long before someone takes the time to torture one of these in a lab.