On the "its ugly": yes, in a sense of course it is, as it is obviously a VERY early prototype

On the "its a phone": I would agree with Millhouse - where are all all the usual S60 keys and call/end buttons, unless Nokia went full on with a touchscreen solution on all of it, which I frankly doubt. But maybe they will.

On the "I don't want a real qwerty in my tablet": well, I sorta agree but then again many if not most of the reviewers in mainstream gadget sites have complained about the lack of it. Therefore, there may be good demand for it in the mass market.

Possible conclusions?

1) just a proto and will stay a proto; most likely scenario in my view
2) not a replacement for N800, but a product to be sold along it (like Texrat seemed to think too)
3) a phone; would have to be a major departure from current S60 philosophy of having to be able to use it single handed, but maybe they'll try that route; however, more likely this scenario would collapse back to number 1)

If it was a phone, I would find it strange though that the camera would be on the lower left corner when the phone would be held in the portrait position. Just does not seem feasible to me.