No! I still have mine.
You can use it as a digital picture frame and play music in the background, show stored videos, or you can use it as a paper weight.
It cannot be upgraded to anything! It is a 32-bit ARM machine for which is locked to the Windows Boot Loader and will not install any ARM based distributions available (but it could).
Microsoft does have Windows 10 IoT for which a branch of it could be modified and made for the RT models of Surface but Microsoft will not do that. There wouldn't be anything for it anyway.
If you want to go low budget (and it includes a keyboard and pen) is the Asus T103.