I just figured out that hildon-desktop tries to read /etc/hildon/theme/transitions.ini first with fallback to /usr/share/hildon-desktop/transitions.ini .... So check /etc/... first.

A working transitions.ini is attached (remove .txt).

deceleration_rate is 0.9999 here, which means that it practically never will stop scrolling by itself. A better value might be 0.99.

Note that you set deceleration rate and not initial speed (which obviously is set by your finger).

I haven't figured out yet if it is supposed to auto-reload the configuration file on change or not (it seems like it does that partially...). I always 'killall hildon-desktop' to be sure.

EDIT: Does anybody know if TMO or browsers adds CRs to .txt-files downloaded from here (for our poor Windows users)? Attaching a .gz version just in case.

/T