My 3 year old daughter makes the device unusable in less than 5min after switching it on, simply by poking around the screen and opening a couple of apps.
There is very little (or better no) detail info about the specs of the Palroid that would help to find out if it is root-able.
One thing for sure, it has root access by default. Just simply do adb shell and go do the data folder, creating a file there is only possible for root user.
Now lets try to find out whats ticking inside the device
adb -d shell getprop | grep build
Its a TCC 8900 ! See specs here: http://csselectronic.com/telechips/tcc8900
No clue if it the ROM can be changed. I am looking for devices based on the same hardware. (so far Apad 7800, Haipad m1001)
Further digging only reveals this links:
to be continued..