Lotus Notes vs SharePoint

Lotus Notes	SharePoint
Notes/Domino comes with a mail server	SharePoint, you need to add Exchange
person can quite easily build impressive forms-based processing in Notes/Domino	need a .NET developer much more quickly than you'd think
it's hard to get your Domino applications past the initial "rapid prototyping" stage -- most custom applications in Domino
Notes/Domino does have development tools, they're comparatively basic.	SharePoint is much more developer friendly; Visual Studio is a very capable development environment
the Lotus NSF "databases" are not relational. There is no way to do a JOIN with Lotus "tables" (they're called "views" in Domino).	By contrast, SharePoint stores everything in MS SQL; it's really easy to do lookups within a list field.
It's impossible to do a look-up in a list field to another field in another list	it's really easy to do lookups within a list field.
it's hard to get your Domino applications past the initial "rapid prototyping" stage -- most custom applications in Domino start out as something that's quickly whipped up, and then keeps being modified