The app currently only checks the prerequisites and displays some details about potential showstoppers. The app also includes an offline version of the readme web page. Be sure to RTFM, maybe watch the screen casts (tap video links in the readme, H.264 playback capabilities and Inet required for this).
If you have a i386 tablet (Wetab/Exopc) with android-x86.org/Corvusmod-ICS, you may want to install VirtualBox for the real fun - vbox modules are included with the kit.
I would be pleased if you send me a PM with your device details for inclusion in the tested-devices list.