I love WebOS. Between the excellent multitasking implementation, unobtrusive notifications, ease of rooting, excellent homebrew support, it's great. To me it just feels like a refined, excellent operating system for phones and tablets. That being said, as soon as I unboxed the pair of TouchPads I purchased for my wife and I, the first thing I did was install CyanogenMod on the pair, despite it being an alpha build.
Why?
Apps.
Nook app? Android has it, WebOS doesn't.
Netflix? Android has it, WebOS doesn't.
Amazon MP3 (for cloud player access)? Android has it, WebOS doesn't.
Musicnotes (digital copies of sheet music we've purchased online)? Android has it, WebOS doesn't.
And so on. Nobody is going to spend a lot of time developing or porting apps to WebOS since at this point, it's pretty much dead to the average consumer. Even companies that do want to develop on it like Astraware are waiting to see if enough people buy the apps they've put out for WebOS before they bother to port more - it has to make financial sense. So I end up spending most of my time on my TouchPad in Android, and I doubt my wife will ever bother to boot WebOS again.
Now, if someone were to set WebOS up so that it could run Android apps and the Android Marketplace, I'd happily wipe the Android partition off my TouchPad and never leave WebOS land again. Here's to hoping someone can do that.