It's pre-beta.
If they've been working on that nonstop since the iPad launched, and that's the best thing they have to show to the press in September 2011, my point stands.
Sounds like you've got it figured out.
I imagine that people who think bugs in a preview release are somehow a reflection of a company's overall vision or understanding of how their users interact with their computer probably are not going to be very accepting of anything Microsoft does regardless of its merits.