I got my TouchPad tonight, updated it to WebOS 3.0.2, and installed the Preware/homebrew stuff.

It looks to me like HP did the right thing by pulling the plug. They gave it the old college try, but WebOS 3.0 on the Touchpad hardware feels about a half-generation behind what you can get from current Android or iOS devices. WebOS really is the Amiga of mobile OSes -- a lot of superior ideas, but just not enough momentum to sustain itself.

It's certainly a capable device for browsing the web and whatnot, and it'll be fine as digital photo frame -- but I do hope the Android port comes to fruition to unlock the potential to do much more with the hardware.