Oink 1.0 released, the first app from Milk (plus.google.com)

From what I'v experienced so far the app is slower then average apps on my 3Gs. But I just have to blame myself for not upgrading.

Relevant: http://www.youtube.com/watch?v=QIWpbfZHHzc

This will probably come back to bite me in the ass later, but what is the POINT of Oink? A lot of attention has obviously been lavished on UI/UX, but I have no idea why I'd ever use this.