Currently available is the Swype Beta for all Android powered phones. (and possibly tablets) This is an official release that can be found right on the Swype website.
We took a look at the features available in the new beta on Monday, but some of the big ones include the ability to use the Swype key to execute gestures to open applications and perform specific functions. For example, pressing the Swype button+T opens Twitter for Android. Swype+F opens Facebook for Android. Swype+C copies text, and Swype+V pastes it.
Additionally, the new version allows you to save custom dictionaries full of words that you want the app to remember and not correct, like place names, nicknames, or other uncommon words. If you’re already in the Swype Beta, you’ll need to remove the app (but not the installer!) and use the SwypeInstaller app to download and install the latest version.
Go to Swype to get your beta. Simply enter an email address that you have access to on your mobile (Swype emails you the download link) and a password. The password is used to authenticate your install.
WARNING: Swype BETA no longer supports Android 1.6 and earlier