Well, here's a wild new spin on the Android for netbooks debate: Canonical, commercial sponsor of Ubuntu, is creating an Android execution environment that would allow Android apps to run on Ubuntu and other desktop-style Linux distros, which seems like the best of both worlds for netbooks in most cases. Canonical already has a working prototype of the execution environment, and plans on making the necessary changes to the kernel in its next version of Ubuntu to give Android all the juice it needs at the core level and will open source the project soon.
Things are still early, and there's a lot of work to do before this is going to really make the highly specialized Java-based Android apps actually usable on regular Linux -- they're currently working on granting Android access to the Ubuntu file system, for instance -- but we love where this is headed.