I tried it for a couple of days and while it was a neat trick, I found it actually made me much slower than using the stock keyboard with its excellent correction and prediction. When you have to spend 10 seconds backspacing and retracing the same word over and over because Swype just can't accept that it may've guessed wrong, you're losing any of the other advantages. Also, since I'm familiar with a QWERTY keyboard, I found it harder to spell words like "predictable" because I had to traverse the width of the screen 4 or 5 times.