While I personally am upset because it'll force me to upgrade to $5 bills at the strip clubs (unless they add a change pouch to their thongs), I'm a big fan of the dollar coins. They are, as mentioned earlier, not going to wrinkle or tear and so will work in vending machines (a core part of my diet). They're a cool color. They're cheaper in the long run because dollar bills wear out and need replacing relatively frequently (not that it costs a lot to print one, but the costs associated with pulling the worn ones from circulation and replacing them aren't trivial).
The "In God We Trust" thing could be eliminated, as far as I'm concerned, so the fact it's on the edge doesn't bother me. I'd much rather have "In Competent Fiscal Management We Trust", but that's too long to include and, let's face it, unlikely to happen under any administration.
I would like to get more of these and just eliminate pennies. And nickels and dimes, too.