There aren't as many beginner level concert ukuleles as there are soprano ukuleles, so it looks like a good move on the part of Ibanez to release a budget level concert ukulele. Ibanez haven't been producing ukuleles long enough to build up a buzz (and I haven't tried one myself) but they have a great reputation from their long history of guitar making.
Construction: Sapele (laminated) top, Mahogany (laminated) back and sides.
Tuners: Geared, open, chrome.
Available on Musician's Friend Price: $79.99