I think Apple will be able to turn this highly negative news around.
They are Apple, after all. They will probably lure us with a few new or updated products , both soft and hardware, if not before, it will be at WWDC.
Then when Leopard is finally released, all will be forgiven, as it will be one of the most important OSX releases in Apple's history. This will be the one, that has to prove once and for all that it is miles ahead of MS, and has the potential to gain Apple so many more customers. (especially with the link to the iPhone and iPod).
I stand by my signature, as I'd rather not wait, but if it means I get something even better and matured in return, I'll have peace with it.