This recommendation is so new, Flipboard is yet to even make it onto Android Play. However, that hasn't stopped some of the guys over at XDA forums from pulling the .apk from a Samsung Galaxy III (for which Flipboard was meant to be an exclusive). With the .apk in hand, I have installed Flipboard for android on both my Asus Prime (though it is really only optimised for mobiles) and my HTC Desire HD. On both phones, the app worked perfectly, so I strongly suggest that if you are keen for a great news reader, to jump on board.
As some background, up until recently Flipboard has been an iOS exclusive app. In all honesty, it is probably the only app iOS that gives me even a slight bit of Apple envy. Luckily, those days are well and truly over, with Flipboard now unofficially available on all android devices. I can only assume it won'e be long before a Android Play release (and hopefully a tablet version) is available.
In short, Flipboard is roughly equivalent to apps such as Google Currents or Feedly. One of the features that truly sets it apart is its level of integration with other social networks. In a matter of minutes I had managed to connect Flipboard to my Tumblr, Facebook, Twitter, LinkedIn, Flickr, Instagram and most importantly, Google Reader.
Once set up, it is as simple as 'flipping' your finger up and down the screen to browse through subject matters and feeds. After a brief play, I would say that it is almost up there with Feedly in terms of being my mobile news reader of choice.