Not in any reliable stable form, locked bootloader. 🙁 The previous Nook Color was wide open, the Nook Tablet is not.
To the OP's question, the answer is no. There are better tablets for 200 dollars than the Playbook, with better support and a better future than the Playbook. Amazon's Kindle Fire may run a heavily customized version of Android, but I wouldn't consider it bloat. More like running Linux with Gnome, KDE, XFCE, LXDE, etc. Bloat are the preinstalled apps that carriers and manufacturers install on your phone for a few extra coins in their pockets. Those serve no purpose and just suck storage space, RAM, and often CPU cycles.
The Touchpad is another tablet that should be avoided like the plague, underpowered, unsupported by HP, running a dead OS . . . buy it and you're entirely dependent on the community for support.
Give it a month, and both Apple's latest and a new crop of Android devices will be on the market. You can pick up the latest and greatest, or score some deals on last gen's decent models.