Vexia has combined a large tablet with a small handset to produce a very unique product. It attempts to circumvent the embarrassment of using a phablet, but does bring with it the added functionality and convenience of a 7" phone.
I think this is really cool. Carrying around a tablet and a smartphone at the same time always seemed a bit odd to me, since they do practically the same thing, and I'm personally a bit uncomfortable using the bigger phones.
And hey, that phone is cute.