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Updated
A 5.5 inch, full hd, 402 dpi phone, with a quad core Intel Z3560 (1.8 Ghz) processor, PowerVR G6430 GPU, and 2GB of ram. Micro sd slot, and dual sim. Android Lollipop (marshmallow is coming out in 2016 Q2) operating system, overlaid with the ASUS ZenUI. 3000 Li-Po mAh battery, 13 megapixel f2.0 back camera with dual tone flash, and 5 megapixel f/2.0 front facing camera, both maxed out at 1920x1080 30fps film.
Specs
Pros
Pro Great performance
Although its a budget phone (250$CDN or 200$ US), you will be hard pressed to find anything this phone has a really hard time doing. So far it has done anything thrown at it, weather it be heavy gaming, to heavy multitasking. As for benchmarks, AnTuTu benchmark v6.0.1 scores about 53 021.
Pro Nice screen
Although the colors are a little too saturated, the screen has great color reproduction and is a 1920x1080 full HD screen, at 402 pixels per inch.
Cons
Con Tons of bloatware
Although there are some pre-loaded apps that are very useful, and well rounded (Pixel master camera, and file browser for example), others just don't seem to be very useful (omelet chat for example). Although they can be disabled, you will have to root to remove them completely, and that would void your warranty. This is not just a few apps either such as a page or so of bloat-ware, but rather three whole app drawer pages.