Microsoft does indeed have a shot at a big win here - the iPad is nice, but no matter what people say, in its current iteration it is NOT a business tool. If MS can produce a truly functional business tablet allowing access to corporate networks and Exchange, AND keep the price point below the iPad, they’ll own the business tablet world.
I would love such a tablet. A tablet version of MS offices, especially MS Outlook connected to an exchange network, would be great. However, I'll wait for version 3.0 before I consider buying. Until then I'll make do with my IPad.