We've been working on development with the emulator for a couple of months trying out ideas, etc. Now that I have Android hardware in my hand, I find myself getting a feel for the whole Android vibe. It's rubbing off on the team as we work to make the 1337pwn.com Android Marketplace application something special.
Is it an iPhone killer? No, it's not. It is a unique device in its own right with a whole bunch of interesting features, but for me, it won't be replacing my trusty iPhone. It will be seeing plenty of action as a second "recreational" phone... development phone. We'll keep you posted.
don't pwn alone(tm)