If you read Michael Gartenberg hands on review, you will soon be running off to the nearest store wildly waving your credit card yelling take my money, and give me Origami.
I think he does Michael a disservice here as whilst he thinks Origami has a rosier future (if they can avoid calling it Ultra-Mobile PC - UMPC), he also says:
Expect the Origami story to evolve and remember, we haven't seen the Origami story in the Vista timeframe. Look at Origami the way you might look at a new platform, not the value of a particular machine today.
Perhaps Om is allowing the ugliness of the current hardware devices to influence his opinion. There is a potential market for this device, especially if it can fully handle Office documents, including SharePoint integration (and not just the cut-down functionality WinCE gave us).