They really dilated their own anuses infinite-loop-style with that last round of buggy and poorly built handsets/OS. It'll take a lot for them to recover, even if the product turns out to be the best thing since whoever invented cheese.
I'm curious to play around with it though. More competition and "different" approaches to UIs are exactly what the market needs.
They've got a competent OS team over there now so hopefully they release something at least somewhat stable. If these things hit the shelves and aren't ready, they will sink very very fast.