Agreed, Darren. I just upgraded to Lion last night and then discovered my i1 Display 2 with Eye-Match no longer worked because it ran under Rosetta before. They say they're going to have something for us in September, but are clearly looking to force us to toss our still-working hardware and buy new stuff rather than bother fixing the app for a 4-year-old product.
I put 8GB of RAM into my MBP so I could better run Lightroom and now I can't use it at all for photos because I can't compensate for the natural blue color cast of the display. I've basically got a $1200 netbook.