My initial thought was wow, this is pretty lame. I was disappointed. I still am. It's a big iPod Touch. It does offer some in-between functionality around document editing via a customized version of iWork, which I think will be key to its success (if it does indeed succeed). It's my opinion that there were a great number of missed opportunities for the iPad but it's worth noting Apple's target market for the iPad is (apparently) not me.
The iPad has a fast, new processor that Apple designed in house. It's an ARM processor and it makes sense that they did this given the
purchase of PA Semiconductor some time ago. Various blog posts point to animation being silky smooth and the UI being nice. Having not handled one, I can only go off what I've read as far as hardware quality -- it's great. The price is good. It starts at $500 and goes up to $830. I don't see the point of spending $130 extra to get a 3G enabled version. Generally, I will either be at home or at the office. Both have wifi. If I'm not at home or at the office, then I'll use my iPhone since it's in my pocket and easy to get to. I suppose the usefulness of 3G will depend on the user. The data plans are reasonable, but I'd rather pay an extra $15 and tether directly to my iPhone, where I already pay $30 for a data plan. The 3G enabled version of iPad will also ship a full 30 days after the wifi enabled version ships. This is bad for developers since testing on device is important. The simulator is good enough in most cases but users don't run simulators.
Onto the not so good stuff.
iPad is a terrible name. Feminine hygiene product jokes trended to #2 on Twitter today.
The iPad has limited software. I expected more. I expected more of everything. And I don't just mean multitasking and standard connectors like USB. I expected the iPad to really fill the gap between my iPhone and Macbook Pro by actually interacting with the two in a meaningful way. Syncing via bluetooth would have been a good start. Perhaps allowing one to use the iPad as a secondary monitor via wifi would be another way to bolster its usefulness. iPad is sorely lacking in the productivity-make-my-life-easier software department. There's more, but I digress.
How about the target market? What is it, exactly? Well, I believe the target market is currently media consumption. It's a big iPod Touch. It'll be great for video, music, reading, and so on but not so great for your average business person. That's why Apple needed iWork for the iPad to succeed. It needed a business use case. I do believe the target market will grow with the release of iPhone OS 4. With any luck, it will fill in some of the gaps I've mentioned and give the iPad a shot at being in my bag with my Macbook Pro. At this point, I only plan to purchase one for the purpose of software development. I want to help expand that target market.