Better than nothing, w00t!
EDIT: I actually looked at the screenshots. The quality of the honeycomb seems to be sub-par.
The bottom bar in IE has buttons- nice! And I like that zoom slider.
I was thinking the honeycomb would be better. The screenshots seem to show the Zune style as better quality. If the honeycomb can only be slid up and down, then it's fairly simplistic. Is the honeycomb a replacement for the Start> Programs? If so, then it's a nice change. If it's a Today screen thing, then it's fairly rubbish.
In terms of an update to OS, this is good.
But I wonder how it stands up to the competition. The new additions will soon be old for us. Then it will be a comparison of 6.5 against OSx, WebOS, Android...