I'm liking the app so far (I just hate the adverts, still waiting for the paid version).
It's a reminiscent of the cellphone versions of the Angel/Devil versions, but L.i.f.e.'s version stepped it up with really responsive buttons.
It looks like it is a P1 emulator and the unlockable wallpapers/shell designs is a big plus. There's this "enhanced mode" kind of thing that puts everything in colour and you touch the care icons instead of the usual three-button interface.
I'll be writing a full review and so far, I am willing to spend 99 cents on the paid one as form of my support for the app. I hope L.i.f.e gets our message sooner about what we really want. The app is a step forward - and a good one at that.