Haven't gotten the 1.1 firmware update yet, but I am happy to have discovered something really good for Android: the Steel browser.
Steel has a touch-screen interface, including an on-screen keyboard. I still don't want to type a lot on a virtual keyboard, but it's very useful to have the option for, say, entering a url or password.
Steel also displays pages really nicely. I think the Opera mobile browser is downright ugly. The default browser built into Android - NOT Chrome, as I understand - displays pages quite well. Steel just does better.