Should computers be able to compete on jeopardy?

Alright, if anyone missed it, Watson, the computer, beat Ken Jennings on Jeopardy! I don't think it is fair. Yeah, Ken knew the answers but if Watson knows it, of course he is going to ring in first! He is a computer!!! He doesn't have delayed reflexes! I don't think it was very fair. Anyone agree? Disagree?