I got my mid yesterday stuck in a 16gb SD card, it sees it fine in system storage area as the full 16gb.
But I noticed that the internal memory is only like 69.27 MB available, can this be correct?

Is it possible to do like a factory reset with the thing? To maybe get back the full use of space available?

I also noticed when downloading an app from marketplace it sometimes installs to the sd card other times apps install to internal is there a way to install apps to the sd card only?

Android version 2.2

Any thoughts drop me a answer...

that's right , 69.27MB is the internal RAM ,system and driver will use many of it
software usually installed to internal storge , and sometimes put some file or folder into sd card

Thx for the fast reply, but I do not see how I can install many apps to this thing, when there is less than 70mb left for apps. I installed maybe 6-10 apps and i was getting a message that internal storage was low... seems like a fault that it doesn't install all the the sd card...

I did update to the latest firmware from witstech and I had about 120mb of free space left internally.

I did install :
ACV, ALDIKO, AWSOME DROP, COMIC CC, DOLPHIN BROWSER, LINDA APP MANAGER, ROCKPLAYER, SAM 3.5, SPEEDTEST.

All are working ok and i still have 97MB left.
Not bad 9 apps installed and only used up about 20MB

Overall nice device after upgrading op sys, but I think i can only take advantage of having 25-30 apps of my own installed.

i checked my device and found 117MB can be used after flashed

you could try doing the apps2sd hack, there's a thread here. Must create second partition on your tf card to be used for apps.
And just move the apps folder, and leave dalvik cache and data folders on flash memory for faster performance.

I have installed over 200mb of apps and still have 113MB of internal space.