Well, I'm no expert on cooking tvp, but I believe it's supposed to get soggy. It soaks up any liquid you cook it in. I think it takes about 1:1 of boiling water (chicken broth, or whatever) to soften it, maybe a little less water. I've only used it as chicken stuffing (soaked in water with added sauteed onion, celery, and spices). I thought it tasted more like rice than bread. I haven't cooked with it since, but I think it'd be worth experimenting with as a rice substitute.

Rachel