I received mine yesterday. The Zagg keyboard looks and feels like a shrunken Apple BT keyboard. All the keys are there, in the traditional locations, just a little smaller. The iPad specific keys are there as well. The rest of the Zagg Folio is a cheesy plastic shell which holds the iPad2 securely but won't win any awards.
For people whose focus is on the keyboard and not the folio, this is the best you're going to do with products whose design goal is to have the keyboard no wider than the iPad2.
I would love to be able to type while having the iPad propped up like they show in the picture above. I guess I'm wondering if the iPad side has a tendency to make the whole thing tip backwards when not placed on a perfectly flat surface.