Overall I like it. The developer is responsive, and said he had several of the suggestions I made in the pipeline. Here are the only negatives I have found:
1. No back button in built-in browser.
This is the most important deficiency. If you follow a link when using the built in web browser there is no way to go back. Even worse, if you hit DONE at the top to go back to the paper and try to hit the link to the story again (thinking it will get you back to the original page), you end up trapped on the same page with still no way to go back. This alone makes Google News feeds almost useless. Pick your Google News link wisely - you will only be able to follow one link!
2. iTunes store links don't work in the built-in browser.
3. It needs some feed management options. Grouping options alone would make it a thousand times easier to navigate.
4. Google Reader integration is also sorely missed.
While it may sound like I'm bashing it pretty hard, I'm really not. Overall I do like the program. Everything in my list above is supposedly in the works for the next release. And it is a beautiful way to display your feeds.