If you use Android you have by now heard of the very successful keyboard Swiftkey. Their latest beta just released today called Swiftkey Flow is more of a competitor to Swype. Flow lets you slide your finger across the keyboard never having to lift it even to type out a full sentence. Just flow over (see what I did there) the spacebar between words.
Luckily I work for an awesome tech site so I was able to play with the keyboard for a few days now, just a bit before the public beta release, and it is now my new favorite keyboard!
Give it a shot here: http://www.swiftkey.net/flow/