As this Techcrunch post says : Want Swype? (yes, you do) – Get It Tomorrow For Android Phones Swype for Android will be freely downloadable tomorrow. Enjoy !!!
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
As this Techcrunch post says : Want Swype? (yes, you do)

Registered, downloaded, installed and enabled. Works well, only problem I had was the slow website and the odd warning that the account could not be created at that time (just kept trying) and the download email took ages to come but I realised you can just go to https://beta.swype.com/android/get/ in order to download.
Downloaded and installed. I'm getting error .. "This version of swype installed is for another phone.." and its not working. The blue swype line appears but the words or letter never do. I'll post to their official beta site once the traffic calms down.
Galaxo 1.6.3.3
I got this working finally. Swype is 2x better than SlideIT, I'm sure I will be buying the full version once released.
I think where I failed was the activation process after install. What I noticed was the application "Browser" would refuse to end during install even after trying to kill it with task manager, the page it was stuck on was the https://beta.swype.com secure download page. I am speculating the activation process tries to open a secure connection back to Swype but I already had this previous connection open and this caused the activation to fail.How did you get it to work? I got the same issue...
This doesn't appear to work on my phone. When I "swype" a word the keyboard just flashes blue and nothing appears in the box. I have to type normally to get output. Am I missing something?
It means the install failed or didn't register. If you have a beta account try again by un-installing, reboot, install. If it fails again try closing all running applications especially the Browser on the next install attempt as per my post above.
So am II am really impressed by this app.
Damn impressed
And it works really well 