Looks good
It's smaller than the Desire but why does the resolution have to be that low? Hopefully it has an accelorometer and multitouch too. I'm still looking for a replacement for my Diamond Touch. Would be cool if I could just update the firmware to Windows 7 Mobile when it's launched.
How about dual booting HTC hardware so you can select either Android 2.1 or Windows 7 Mobile. That would be perfect for people who can't mind up their mind or want to use an app that's only available on one OS.