I don't own this device, nor do I plan on buying it, but if you'd like to root it, the LG Spirit root method works fine
I can give you a long explanation on how I know
but it would be:
Some neat things to try:
On-Screen Phone (control your phone from your PC via USB/WIFI/Bluetooth).
Backup app (you can schedule backups to occur automatically, I highly recommend backing up to a microSD card because internal storage is erased with a factory reset).
If you root, there are endless possibilities if and when any development begins (except kernels).