Check out this video of Android running on the TouchPad. It's sluggish for sure, but it is running in a card like any other app. It looks like some kind of emulator which is not ideal, but it is a step forward for all those trying to get Android running on the TouchPad.
You can try the ipk download at the link below if you like to live on the edge, but don't expect it to be perfect. It's still a very early test version for now.