Yep. I sold my iPad 3 to upgrade to an iPad Mini purely because I wanted a smaller device. If there's a choice I will always go for the smaller form factor, it's why I have an MBA 11" rather than a 13", and why, if I was going to swap to an Android phone, I'd make sure not to buy one with an oversized screen.
We've got same criteria in devices. I've also got the MBA 11" - just got the new one and I couldn't be more thrilled with it, and the iPad mini complements it so perfectly. I felt if I were to get a full sized iPad it would be silly along with an MBA 11" (not to mention I didn't want the size of a full sized iPad again), but the mini and MBA 11" are perfect together.
What if the iPad was just as light as the iPad mini while also having the thinner bezel?
It wouldn't matter, although, that would be a lovely device (the full sized iPad, which I said in an earlier post needed to try and be as thin as the mini).
I would always consider a full sized iPad for certain situations (perhaps in the kitchen - dedicated to that room would be brilliant I think), but most other locations the form factor of the mini is always, always going to be preferred. I have nothing against the full sized iPad, except I think it's too big for me. I used to own a gen 1 iPad, loved it very much, but always thought something smaller would be perfect for me.
For me, smaller and thinner and more portable are big things. My laptop is an MBA 11", not because I couldn't afford a MBP 13 or 15" (even retina), but because I wanted the 11" form factor. If the MBA and the mini upgrade to retina, I'll happily upgrade my devices, but I won't ever think less of them today for not having retina or bigger screens, I'll always think they are perfect as they are. Small, thin, lightweight - it's how I prefer my devices.