Thanks for the kind comments.
It's raining here, so i won't have any samples until the weekend, but I do plan on doing a thorough 'average joe' (no MTF charts, no soup cans or brick walls, just good old fashion pictures) review of the lens.
My initial impressions of the lens:
I was very surprised by the build, feel, and design. My expectations from looking at pictures of the lens itself on the web is that it was 'plasticky' and fankly a little 'unattractive'. It's amazing how the web can fool the eye as out-of-the-box I found that the lens has a very nice build, in fact it's one of the nicest 'consumer' lenses I have ever held in the hand. It's hard to describe without holding one - but the finish, materials, large 72mm front element and thick rubber zoom ring amount to a lens that feels well above it's price point in design. It's attractive, it looks good mounted to the XSI.
Focusing. My only tests were conducted indoors, but I found the focusing snappy and rather quiet at both ends (18mm and 200mm) of the lens. Focus lock was achieved as fast as I could press the shutter and focus accuracy (the more time is needed) was spot on each and every time. If I haven't read that it wasn't ring USM, I honestly wouldn't have known the difference.
Optics. Again, I need to do some outdoor tests to fully evaluate the lens, but to my eye the lens produced sharp, colorful, and contrasty images at both ends of the lens (18mm and 200mm). I couldn't find any obvious optical flaws. There is distortion at 18mm, but it's easy to correct and depending on how you aim the lens at the subject matter it's not always as obvious as one might think. I shot wide-open the entire time and found the sharpness to be perfectly fine and as good as anything else I have used. Corner softness wasn't immediately apparent and I had to pixel peep to see it in a few of the shots I took. I think the reviews on the web don't quite tell the entire story. There are very positive notes regarding the optics which make this lens worth the price alone 1

Macro. I can get in really tight with this lens and optically the performance is superb. 2) Bokeh - there are very few zoom lenses on the market that produce nice, smooth bokeh and the ones that do tend to be fast pro zooms. The Canon 18-200 produces very nice bokeh, a rarity that must be appreciated especially considering the optical formula and 11x range.