Don’t believe that for the ipad. I’d love a functional tablet PC, even have a business application for it to use.
The ipad doesn’t have enough power to do much except be an expensive kindle.
The Kindle with the same size screen as the iPad is $489. The base iPad is $499.The Kindle, as a dedicated book reader, does not have color, movie viewing capability, games capability, etc., yet did well in the marketplace. Even if the only function of the iPad was to be an ebook reader, it's well positioned in that market. We could quibble about whether the color screen that uses more power or the black and white with lower power consumption model is better, but the fact remains that the iPad is extremely competitive with a functional and successful product in an existing niche category, and adds much more functionality in other areas.
You are simply not in the target market, as myself.
Power: I assume you are referring to the 1 GHz cpu. Here you are falling into the old thinking. You can no longer judge power by cpu speed. There is plenty of info available to go into this in detail on the net.
But to make this interesting: you sound like an honest guy - some time go to an AAPL Store and prove yourself correct.
FYI: The iPad is comparable in price and size to the Kindle DX and will do much more than the one trick Kindle or Kindle DX.
Real-life iPad: Presenting with an iPad, Keynote, and VGA connector