The True Zoom's range from light to dark is about the same as most phone cameras. You can't really improve the shadows or highlights by editing the raw version, however.
The camera's auto white balance handled this fill flash situation pretty well -- mixed lighting colors are a challenge for most cameras, and an alternate version of this shot looked quite blue.
In general, I was very impressed with the color accuracy and performance of the automatic white balance.
The out-of-focus areas look pretty smooth, with reasonably round highlights. However, because of the small sensor, even at f3.5 you don't get a lot of background defocus.
It takes a little too long to zoom, focus and shoot for capturing erratic action. But the True Zoom is no worse than a typical budget compact in that respect.
The camera app doesn't have spot metering for situations like this -- that's Google's fault, by the way, not the manufacturer's -- but I was really surprised at how well it exposed this shot. Black cats are hard, even for expensive cameras. The white balance under the fluorescent lights is also quite good.
At its best -- in good light -- the camera produces sharp JPEG photos.