Problems with Tachyon Inflation
  We consider cosmological consequences of string theory tachyon condensation. We show that it is very difficult to obtain inflation in the simplest versions of this theory. Typically, inflation in these theories could occur only at super-Planckian densities, where the effective 4D field theory is inapplicable. Reheating and creation of matter in models where the tachyon potential V(T) has a minimum at infinitely large T is problematic because the tachyon field in such theories does not oscillate. If the universe after inflation is dominated by the energy density of the tachyon condensate, it will always remain dominated by the tachyons. It might happen that string condensation is responsible for a short stage of inflation at a nearly Planckian density, but one would need to have a second stage of inflation after that. This would imply that the tachyon played no role in the post-inflationary universe until the very late stages of its evolution. These problems do not appear in the recently proposed models of hybrid inflation where the complex tachyon field has a minimum at T << M_p. 
Lev Kofman (CITA) and Andrei Linde (Stanford)