I'm still trying to figure out why anyone would want their new Airport Express after reading about it in depth.

I'm inclined to agree with you. By itself, the Airport Express is not really geared towards someone who wants to stream music. Lacking any kind of display, there's no way around that. And regardless of how Jobs creatively spun the little device, it's apparent from the form factor and ports on it that it's really geared towards someone who wants to put their wireless-less office (workstation/printer/powered speakers) online.

I hope that this isn't Apple's answer to streaming home audio. I would think Jobs has something else in the works that would use AirTunes and be geared for just streaming audio.