I have been undecided if I truly like the Swype method of typing on Android. While it seems to work the majority of time I still feel I can type faster on the soft keyboard versus dragging my finger across the screen.
My interest in the Swype method has been renewed with a recent addition to the iOS jailbreak community of iSwipe. Andrew Liu has released a very early version of a Swype type of keyboard for iOS devices. I have been using it since version 0.1.0 and Andrew has pushed out some amazing updates in the last few days. iSwipe now sits at version 0.3.0 and is coming together nicely.
You must be jailbroken to install iSwipe, if you need info on jailbreaking follow this link. To install iSwipe you will need to add http://wynd.x10.mx/repo to your Cydia sources.
Keep in mind that iSwipe is a work in progress right now and you should only install it if you want to play around as it is not ready daily use just yet. After you install the package you can simply start swiping on your keyboard.