[Q] Google Android MID M80006 Tablet HELP

I recently bought a Google Android tablet off of eBay and I am a little disappointed that it is running Android 2.2 Froyo. I have a T-Mobile LG G2X, which I have rooted and installed CM7 on with GB, but I have never owned a tablet before and am rather at a loss.

I would like to root and upgrade, possibly flash CM7 onto the tablet if I can but I have no clue where to start nor do I know if this is even possible. Any help, tips, hints or tricks will be greatly appreciated. Thank you so much

Specifications (because it would not let me add a link yet)
Processor: VIA MW8650 High-performance 800MHZ CPU+300MHZ DSP
Frequency: 800Mhz
OS: Google Android 2.2
Memory RAM: 256MB
Flash Memory: 2GB (1GB Free) (Expandable by MicroSD to 32GB)
WiFi: 802.11 b / g
3G Function:
- WCDMA:Huawei E220/E230/E160X/E169G/E1750
- Alcatel X060S/X200

Speaker: Built-in Speaker 8/1W
Camera: Built-in 0.3MP
Reset hole: Hidden (reset function)

- Top of the key: Power Key
- Positive primary key: ESC
- Right button Volume control Keys + Menu button

Display Resolution: WVGA 800 x 480 Pixel
Size: 8 inch TFT 4:3
Touch Screen: TFT Resistive Touch Screen (two point touch),achieve pages and images zoom in and out
Card Reader Slot: T-flash card (Support up to 32GB)

Sound effect: - In focus Audio
- Built-in stereo speaker
- Built-in Microphone

Media File Audio: MP3,WMA,WAV,AAC
Video: [MPEG1/2/4,MJPG,H263](1280×720) resolution,H264 (720 × 480) resolution.
Battery: 2500mAh, 7.4V
Gravity Sensor: 4-Dimensional gravity sensor

Battery Life - Standby time: above 10 hours - Video play: 3 hours

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