Really? I got word that my site was down, and was able to shell in and fix it from my G1. Coincidentally, I happened to be at an Android developer meeting at the time.
I'll grant that the G1 (etc.) is a more of a hacker phone than the iPhone, but some of us really do like being able to code up a useful app and drop on our phones or easily share it with others, or VNC to a desktop machine to check something, or ssh somewhere to go a fix.
Actually, being able to ssh from a phone would be about the only thing that would convince me to get one. But I suspect I'm not exactly representative of the potential customer base.
It was the exact reason I chose the G1, its generous 5 row qwerty keyboard makes daily use of SSH possible. You can type numbers and symbols in your password easily and quickly, and you get a full 80x25 display.
Or leaving my SSH session open while replying to a tweet and checking a website.
My point: until a super-fast android is released, would you rather have things slow but the ability to multitask, or fast but no multitasking at all?