The National Astronomical Observatories, Chinese Academy of Science (NAOC), has started building the largest antenna in the world. Known as FAST, the Five-hundred-meter Aperture Spherical radio Telescope is a Chinese mega-science project funded by the National Development and Reform Commission (NDRC). FAST also represents part of Chinese contribution to the international efforts to build the square kilometer array (SKA). Upon its finishing around September of 2016, FAST will be the most sensitive single-dish radio telescope in the low frequency radio bands between 70 MHz and 3 GHz. The design specifications of FAST, its expected capabilities, and its main scientific aspirations were described in an overview paper by Nan et al. (2011). In this paper, we briefly review the design and the key science goals of FAST, speculate the likely limitations at the initial stages of FAST operation, and discuss the opportunities for astronomical discoveries in the so-called early science phase.