So I just got my S7300 about a week ago and so far I'm digging it.
One issue I've got is that the SD card slot on mine is fussy. Some days it works perfectly, other days it doesn't detect when I put a card in until I re-insert it a bunch of times.
I flashed it with Skelrom and then went to the Play store to start grabbing emulators. Getting the buttons mapped is a pain at first, but not too big of a deal once you get the hang of it. A few of the free emulators (including PCE EMU which is based off of Mednafen) are ad-supported, but that problem disappears if you've got the wifi turned off, which you should.

This emulator has run everything I've thrown at it, including a dozen or so CD/SCD games.
I discovered last night that with this emu you can convert the WAV files to OGG files (lossy compression, like mp3) and update the cue sheets to replace .wav with .ogg. I used dbpoweramp and went with ~192VBR and noticed no difference in audio quality from the original format, even with quality headphones. That shrunk the CD games down tremendously, average size is now around 80MB each compared to 500-600MB.
Overall the unit feels a bit flimsy compared to my old Fire, but I'm not too worried about it. So far it's been working great. I do find my hands shifting a bit during gameplay, I think mainly because the back of the unit is flat and smooth.