We spent some time with it, and while we're impressed with the new lock screen, honeycomb app launcher, and browser, it's obviously just apaintjob -- it's still kinda laggy and the media features haven't been changed at all.
All it needs is a green paintjob, a big number "2" on both sides and you've set up every Thunderbirds fan in the country for a month of restless nights: this pointlessly excessive system definitely makes it the Tracy family's day tripper of choice.