For basic social media and music playback, the phone performs good enough. There's some touch input latency when interacting with the display as well, but for $20 I don't think you'll do much better.
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As you'd expect with a $20 phone, you get what you pay for. The 3.4" screen is a plastic 320x480 display, there's only 2GB of ROM and 512MB of RAM. The 2MP camera is barely worth using.
Are you sure that you want to abandon your hard work?