This is terrific news. Gruber seems to play it down a bit but to everyone else outside the US, this is terrific news. We’ve had tethering here since the first day iPhone OS 3.0 dropped and I don’t see that changing now. It’s unfortunate that AT&T has lagged behind so much, to put it lightly.
Being able to turn my phone into a Wifi hotspot will come in very handy. Android is looking good right now.