It supports Paypal and Dwolla?
Money is money. The distinction between Bitcoin, Namecoin, Litecoin, Paypal, MoneyBookers, NETELLER, or most other online transaction solutions is not clearly made by the average consumer, which is why it will support most every method of payment that the average consumer uses.
For those who are disenchanted by this not being a Bitcoin-only device (because bitcoin!), let me first say that the decision came with a lot of thought. The only way Bitcoin will ever succeed is if it's allowed proper competition. Being unknown is not proper competition, but neither is forcing consumers to use only Bitcoin (which effectively puts it dead in the water). Creating a free market environment where you are allowed to use Bitcoin side-by-side with other digital currencies is the best way to outline the benefits of Bitcoin that bitcoiners brag about so often. If this makes you nervous as a bitcoiner, then it means we've failed to provide a valuable and trustworthy digital currency and Bitcoin is inherently flawed.
People will eventually choose Bitcoin if it's faster, cheaper, and more reliable for them. As far as adoption speaks, the Ellet is the first truly realistic attempt at getting Bitcoins in the hands of every consumer on the planet.