I had this idea, which is kind of similar to what Phoenix is doing with WebOS but not quite: Why not turn WebOS into a homescreen replacement app for Android, much like Chameleon, Go Launcher EX HD or Apex Launcher HD. You would get the great GUI of WebOS plus all the apps for Android. Instead of repackaging APKs for WebOS, we could repackage IPKs for Android (which are far fewer that aren't on Android as well).
I might be confused and that this is what Phoenix is ACTUALLY doing with WebOS, but I always thought this was a good idea and most cost effective.
p.s I posted this on Rootzwiki, but I thought you guys might know better