I am surprised that not many people are excited about this deal. I have only heard good things about WP7 so far and things will definitely improve as the platform matures. I don't understand why people have already labeled it as a failed platform.
People are also saying that the deal is only beneficial to Microsoft. The two real choices Nokia had were Android and WP7. WP7 seems like a more sensible choice to me. Sure they will have to sacrifice things, but they might gain overall. I think Microsoft and Nokia together make a killer combination that is going to help both these companies to bounce back in the mobile arena.