OK, I was not aware of the REAL Samsung-emulator. I installed it and now fonts and views are showing up correctly.
In any case, the so called "tablet"-screenshot in my first post, was created by targeting 3.1 and using density = 160 dpi and resolution=WXGA as suggested by default in the set-up of the emulators. With this scenario, I still get very small fonts. Perhaps, all honeycomb-devices have higher density-values such as 240 dpi or more. If yes, then the layout should be OK, I guess.