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If all you do is normal stuff anyway this will work for you without Android. It will surf the web, work with flash based sites, Facebook, Twitter, Email, all of that shit. It just won't have a huge collection of games and other shit. But again, if you are looking for an Internet computer with a touch interface you can kick it with or watch videos on... it works for all of that without Android.
Currently there are Android hackers working on bringing Android 3.0 to this device. I imagine it will have a working version in as little as 2 months. By 6 months a stable version will be available.
So... If you have a desire for a tablet this is a great option. If you have $25,000 sitting in your ass (Choker) and you want to make some decently quick cash, I suggest buying 225 of these and then paying someone $2500 to switch them to Android when it comes out and reselling them for $222 (or the price of one cams PPS!) for a quick double on your money.
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