I just read, that Mozilla's mobile browser is now available as first alpha release. Have a look here.

Will we see this one on Angstrom?

see http://www.angstrom-distribution.org/repo/?pkgname=fennec

I tried it out on Nokia N800 and whilst it hinted at the promise of good things to come, I didn't feel it was revolutionary in its speed! It also seemed to try and squeeze text down to a tiny size to make it fit, making it all unreadable. I'd be interested in comments as to its performance on other platforms!