Why Gmail 2.0 on the iOS is still not usable?

When I downloaded Gmail 2.0 on the iPhone I thought that folks at Google had nailed it. Good UI, multiple account support and super-fast search (Mail apps search sucks).

This was supposed to be it. I replaced the Mail app with Gmail. 

Until, I started noticing that the html emails don’t render well in Gmail.

This one is from Mail app. 


This one is from Gmail. Look at how tiny the fonts are? Even the pinch and zoom doesn’t work well. 

It is almost there..Maybe one more iteration. 


BTW, I am hooked onto VIP notifications on the Mail app.