I have the same scope thought rebadged as a Celestron HD-102EQ
You'll find a review of it here
http://www.scopereviews.com/page1c.html#10 (down near the bottom) under the C102HD heading.
It's certainly no ED or Apo scope but it's no slouch either. Yes you will get blue fringing (chromatic abberation) on bright objects but I didn't find it too objectionable for viewing purposes.
Imaging wise, if you're going to image in greyscale it won't be too bad, especially on the moon, but shots of stars give a decidedly blue halo to brighter stars (see here for example of ngc3532 in Carina
http://www.iceinspace.com.au/forum/a...0&d=1117980062 and here's the details F/10 Celestron HD-102 EQ achrocatic refractor. Autoguided with K3 through a Meade OAG, 260 sec single shot, ISO400, Canon 300D. Focuser R&P, focus assist with DSLR Focus)
The only thing I didn't really like about this scope was the R&P focuser, but once I stripped it down and regreased it, it was passable. Choose your mount carefully though at the standard eq3 that it comes with is only just big enough imo