I see no real use in porting all the software for {qtopia|opie|gpe|qpe|familar|my grandmother}.
Playing with the device, I'd say that every minimally interactive application will be a pain in the ass on the iliad. Simply typing in username + password was no fun at all.
The iliad is great at displaying mostly static content, and we'll need clever applications for that.
However, I'm sure people will port applications, it will be a bad experience with ultra-slow screen updates, and another situation where linux-newbies get to see the worst a linux can perform, as usual.
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