So I'd put that up to a plain old bug (albeit a really frustrating one, and knowing the Android ecosystem one unlikely to be fixed), not a platform misfeature.
That most certainly does bother me, and I've yet to discover how to disable it so it simply reacts immediately.
The task manager/switcher is a child of the home screen. This overloaded functionality makes sense that you go to the home screen immediately and if you happen to click again it goes to the secondary mode.
Vlingo on the GS II has nothing to do with the home screen. It is its own world.
Should they have made the very first click instantly go to the home screen anyways (which could involve a lot of busy work given how rich an Android homescreen can be)? Good question. I don't think the two are directly comparable however.