screenshot via Appbrain
At 2MB, this browser is not exactly lightweight, but speed is decent. In practice it doesn't seem any different from say, Miren or Dolphin (not Dolphin Mini). It has tabs, themes, and all the major features. On the other hand, it just doesn't "feel" that different from any other browser. Gestures are available in Dolphin (though it's arguable that the implementation here is better). Switch WAP/WWW is just changing user agent, and that was in Skyfire for a long time. Download manager seem to be the only unique feature.
I guess you can try it. They have a tablet version but no indicatio on what's special about it.