I tore down the Blackminer F1 FPGA Miner. Here's what I found inside:

The Blackminer F1 has beat most miner's expectations as a great option for FPGA mining, which is becoming increasingly popular to those looking to gain an edge over ASICS. While the Blackminer has it's own quarks, issues, and problems like every other device, it shows a tremendous amount of promise.