Honeycomb fixes that redraw issue on the ARM A15 core, and the NotionInk Adam screen will provide even further power consumption savings for text based usage.
Incredibly I learned about all of this on FR, thanks to Ernest, ShadowAce and the Tech/IT ping lists...
Future software will fix this on future hardware. I'm not impressed. The Cortex A15 isn't even planned for mobile devices for a very long time, being aimed at servers initially (which itself won't be for a while). The Cortex A9 is just barely coming on the market as it is, this Tegra 2 being one of the first examples. So you're probably looking at Android being behind for at least three more years.
Just posted this :