This article mentions that it can be fried, so maybe it gets crispy.
Even if it doesn’t have the same mouth feel I would think that it could be mixed with things like hamburger or added to soups.
The other pink meat?
And if you leave bacon in the fridge long enough, it tastes like seaweed.
Two things: bacon, and bacon salt.
Actually, you probably could make a passable vegetarian sloppy joe, using TVP. The texture of TVP is very similar to that of crumbled ground beef, and a sloppy joe gets most of its flavor from the sauce, not from the meat.
who cares what it’s made of - BACON!
(when’s the IPO)
Wasn’t this a plot point from the beginning of one of Michael Crichton’s lesser novels?
The key word is “passable”. In other words, “if I can’t have meat, I suppose this will do”.
I’m given to understand that veggie burgers taste pretty good, but not like beef burgers.
Put it this way: The first time I had TVP spaghetti sauce, the only way I could tell that it wasn’t ground beef was from the fact that it was being served and also eaten by someone I knew to be a vegetarian.
So when are you going to get us free samples and host a SDMB tasting event? 
Max the Immortal – I was a vegetarian for about ten years, and still really like veggie burgers. They aren’t meat, no, but they’re tasty. (I even got my meat-and-potatoes dad to eat a taco that I had made with crumbled veggie burgers. He said it was more like pork than beef, but good.)
Yes, many vegetarian burger-analogues are quite tasty. (But I prefer deadcow, myself.)
And don’t forget Jews and vegetarians! My Sammich O’Death (toasted, buttered salt bagel with (veggie) bacon) just got better!
I’m predicting that Lisa Simpson will sneak this into Homer’s diet on an upcoming episode of The Simpsons. Homer: “Sea…weed…”