Some points:

1. Nokia are getting some hundreds of millions of $$$ with this move from MS. Symbian was born partly because it was too expensive to license windows mobile on Nokia hardware, so this might not be so bad after all. I mean let them make hundreds of phones with Win 7 or whatever for the masses who care about the number of apps available, so everybody stops complaining.

2. MeeGo is 50% Nokia and 50% Intel, now really do you believe that Intel will say "oh ok, we will forget about this MeeGo thingie, also forget about investing a lot in ARM, and we shall have no OS to put on our possible future tablets"

3. In big businesses the good products are born when they are just a side project, you can really innovate there. If it is your core business, change is so much slower. So maybe "demoting" MeeGo to a project might turn out to be good...

4. I can't really understand why is everybody so unhappy with this? It's not like suddenly when you boot your good ol n900 it will show the MS logo or something... You all have the power NOT to buy the first windows phone coming from Nokia (which might actually be the best windows phone available).

5. In an unrelated news GTA04 is being developed so if you want a new open linux based phone - it will probably come in the near future...