Seems mostly everybody agrees that this is a great move for Microsoft, and it might really be. But, what I'm really interested is how this is going to play out for both companies in the long run. Specifically the integration of their managerial cultures.
Now Microsoft being on top has an important decision to make. To force itself onto Nokia, or learn their ways. In other words, they can suffocate Nokia's engineering culture, or relearn it from them.
The later would be the best option for everybody including us all. However, I don't have much faith in the managerial class to play this right.