What WORKS:
-It boots and some apps work...
-SDCard/USB mount - after first bootup, adb will not work until you reboot again.
-RIL - phone, sms - working (thanks yumbrad)
-RIL - data - (thanks yumbrad with contributions from progmanos and whyzor)
-WIFI - (yumbrad is the MAN!)
-hw acceleration
-Live wallpapers work now too.
-Screenshots work now.
-Audio - tested phone, music, ringtones, so far. All work.
-bluetooth - able to pair headset and gets audio during phone call.
-Home key - long press brings up Recent Apps dialog now.
-wired headset works.
-mms
-gps & navigation
-data usage accounting
-wifi hotspot tethering
-audio mic support in apps, such as Voice Search, etc.
what doesn't work:
-Camera
-Tethering (USB)
-HDMI
-All system settings are undergoing rapid development upstream, they may or may not work
-Everything else NOT listed in the "What WORKS" section
STOP!! I understand that the use of the word NOT may be confusing to some. Please look up the screen about 2 inches. There is a section labeled "what WORKS".