Shows a lot of promise. Not quite an Illustrator competitor yet, but has a superb UI and handles basic vector illustration requirements very well - especially given the cost. The obvious competition is Stone Design's Create, which is rather more powerful, but less intuititive (I've tried hard to get along with it since the NeXTSTEP days, but never quite made it).

I've registered and look forward to further development with interest. It's my hope that within the next couple of major revisions, we'll see a viable alternative to Illustrator. In the meantime, it's a lot of fun to use and could be considered a 'MacDraw' for the 21st century =]