I don't know the technical terms past "broken" which is exactly what I assumed this camera was.

Now proven visually with evidence. In post 14 I mistyped.. I meant to say

you see a full white rectangle when firing the shutter
It works fine up to 1/125th second. Here's a photo made in the back yard at 1/125th.

http://farm5.static.flickr.com/4070/...c4c27131_b.jpg