LG may have given up on tablets, but not on the Optimus Vu - it's halfway between a phone and a tablet, a hybrid of form factors that we like to call "phoneblets". The Samsung Note was one of the first, but that doesn't mean it can have the market all for itself. The LG Vu pairs the big screen with a handy stylus to enhance tasks like note taking, something that can be a chore on a normal thumb-operated handset.
The LG Optimus Vu is certainly an unusual device - some might see this as an advantage, but there are ergonomic reasons why phones aren't this wide. But the Vu isn't a phone, is it?
While not quite a full-blown tablet, the 4:3 aspect ratio of the screen is actually an advantage when taking notes or just drawing something using the stylus - 16:9 is popular with videos, not notepads or printed media.
It all revolves around the stylus - the Optimus Vu is a fine upper-mid-range device in terms of performance, screen and camera, but it's the stylus and accompanying software that carve out its niche.
As for where else you can get a similar experience, the Samsung Galaxy Note is the closest match. Its stylus is smaller, but tucks inside the Note itself and the 720p Super AMOLED screen is pretty cool too. Oh, and it's already on Android 4.0 ICS.
For the ultimate Android tablet with a stylus experience, we have to point to the Galaxy Note 10.1. The big stylus is even more comfortable than the Vu's and the tablet tracks it while you hover it above the screen, the way professional graphics tablet do. It's the size of one too. The only downside (and it's a big one) is that Samsung is taking its time releasing it due to last-minute adjustments and we are not aware of its launch schedule.