The 9.7 seems to have many more features.. I can see why the 12.9ers would be pi55ed! and a 1/3rd less weight. i think it has to be the best all round iPad right now. PC replacement - still not feeling it.
- Live Photos
- Autofocus with Focus Pixels
- True Tone flash
- Panorama (up to 63 megapixels)
- Auto HDR for photos
- Sapphire crystal lens cover
- Improved local tone mapping
- Improved noise reduction
- 4K video
- Slo-mo video support for 1080p at 120 fps and 720p at 240 fps
- Cinematic video stabilisation
- 5 megapixel photos
- Retina Flash
- More LTE bands
Depends on your outlook, I purchased my Pro less than a month ago, fully expecting a 9.7" Pro to be released. And I'd make the same purchase today.
9.7" has a 1/3 less weight, true, but a much smaller screen to go with it. So considering I bought the Pro for the 12.9" screen that rules out the new one right there.
As for improved cameras, no way will I ever use a massive tablet as a camera. I never even used my Air 2/Air 1/iPad 4/3/2/1/Mini/Mini 2/Mini 3 even a single time to take a photo. I'd still be happy if iPads didn't have cameras at all. Thing is, if I've got my iPad, I've also got my iPhone, I'll use that and when I know I'm going to want to take a proper photo I take my SLR.
Not fussed for the LTE, I've a massive data plan on my phone, no need for anything but WiFi on an iPad when I can just use my iPhone as a hotspot.
For me the only thing that might have been nice on the 12.9" would have been the true tone display. But that's not a deal breaker.
I'm happy to stick with the bigger screen/slightly better performance/ faster charging/faster Lightning speed/ability to lie flat of my iPad Pro. Doesn't sound outdated to me. Of course those are just my preferences, every one is different.