For people saying they want a faster revision - do remember there are other computers in this form factor. I recently got an Odroid U3 and am very happy with it. Of course, it's $65, not $35. I tried setting up owncloud, nginx, a web server, etc. on a Pi and it couldn't handle it (everything ran, but terribly), the Odroid does well.

I still like the Pi, though. There are some people for whom saving $30 really does make a big difference, and if the goal is learning how computers work, having lots of GPIO pins, etc, the Pi is still awesome.