Yup, looks like solid stuff. And I've also read somewhere Canonical are seriously planning Ubuntu-based smartphone business too.
This is another proof that, while lowbrow linuxoid deadbeats are spatting the net with their illiterate "Windows musdie" and "Windows suckz" trash and are dancing to the GNU GPL tunes, smart people are making a big buck off of it in the meantime.
Serves them (the rank and file community) right.