Swyper No Swyping: HTC + Swype = HTC Trace

One of the nice new features many people may overlook on their shiny new Evo 3D's (or T-Mobile's HTC Sensation pictured above) allows users to get Swype-like functionality right on the stock HTC keyboard! I've never been the biggest fan of Swype, preferring HTC default keyboard; but now there is no need to choose (unless you are a die-hard Swype fan).  I'm not sure if Trace matches all the intricacies of Swype's functionality, but I've always felt that it could be useful in certain situations if integrated into HTC keyboard and apparently they thought the same and decided to swype the design from their competitors.  I'm curious to hear from die-hard Swypers; how does it measure up to Swype?