The tablet is awesome for 200$. But if I were you, I'd wait for the RUMORED Google's Jellybean tablet which is also for 200$ (RUMORED ONLY).
Video playback is awesome, 1080p.
Both cameras (front 3 MP, back 5 MP) take 1080p video which looks brilliant in day-time.
The operating system is extremely fluid and very well optimized
There is no Skype for the Playbook yet, one extremely negative point against Playbook.
The apps are also lacking on the Playbook, but they are coming over slowly.
Battery is good. Without WIFI it runs for around 10 hours straight. With WIFI browsing, it runs for around 7 to 8 hours.
You can run many Android apps on it with limitations but many apps will lag.
For 200$, its a great tablet.