Swype was scary at first, but now I wouldn't go back to a standard keyboard for anything ... unless there were no alternative.
The hardest part about Swype is to learn where ALL the letters are on a QUERTY keyboard. If you have done a lot of typing, your two hands work together, each using half the keyboard. In Swype, it's all one hand and the FULL keyboard. If you use your left hand to Swype, you have to connect the right side of the keyboard to your left hand ... and visa versa.
At first, it's easier to use the landscape keyboard where you can see clearly where each letter is located, and you can do the Swype gestures slowly enough to locate each key. When you get proficient, you can graduate to the portrait keyboard where you pretty much have to know where the keys are.
Yes, there's a learning curve, but well worth the effort. PS - I LOVE watching that little blue line follow my Swype-ing.