I have been monitoring the forums on this issue.
The official Geocaching statement is they 'will probably be working on that next'.
I wouldn't hold my breath.
CacheMate has been ported to the Android platform, and there are a couple of other Geocaching apps available.

AZcachemeister

Jim & Jacquie Godfrey wrote:

We’re Team Vegan from Surprise. We’re seriously considering getting the new Droid phone from Verizon. Does anyone know if Groundspeak is going to be offering a geocaching app for it like they have for the iphone? I’ve looked around at some of the forums but haven’t found anything about it.

Thanks!
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