The micro-SIM FREE has been recognized directly, and the 8GB memory card
I then installed on the Y530 exact same software on my Galaxy S3 bought 620 euros there 20 months:
including Navigon (GPS navigation), my 490 contacts with photos, SIP software, KeePass, Docs to Go, Wemo, Skype, etc .... QR Droid
The response times are excellent, very fast WiFi transfer and fluid and precise GPS navigation.
Maybe one small complaint for the time necessary to return.
Only Google Sky seems a little lost because of the lack of compass (not mentioned in the tests available on the Internet)
In short, seeing no difference in behavior with my Galaxy S3, I keep the Y530 and give my Galaxy S3 in my wife!
Recommend highly.