I Assume Honeycomb is a template to where the phone is headed (given Google's announced intent to merge the two OS forks and the fact that Honeycomb was branded

I Assume Honeycomb is a template to where the phone is headed (given Google's announced intent to merge the two OS forks and the fact that Honeycomb was branded 3.0). If that's the case you'll have all the same buttons and they'll be ever present on the screen. They'll just be Hardware instead of software. On my Xoom the Back, Home and Application List buttons are visible in every application (as is a search button in the menu bar)