Daring Fireball already linked this up, but I just read it, and it's got a lot of insight.
the foundation is in place to scale the OS up to devices in the space between the iPhone and laptops. Game consoles, improved versions of Apple TV, and tablets have all been kicked around, and the new OS appears to be more than capable of handling any of these. If Apple senses a profitable market in any of them, the barrier to exploiting it will consist only of hardware and end-user applications—the OS is clearly ready. Thanks to the SDK, OS X should be able to bring a sizable library of software with it, if and when it appears on any future devices.
A Touch of Cocoa: inside the iPhone SDK
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