I'm thinking for me it's a little silly to spend $60+ to baby and protect my pad when I can spend $99 and get 2 replacements. I'm also the guy who sells every year to upgrade and I think the math probably still works out in apple care+ favor.
Problem is AppleCare only covers accidental damage, not cosmetic damage. I for one would hate having a scratch on a fully functional iPad. But that's just me.
I have a Marware Microshell back cover and the Apple Smart Cover. And I have a Genius appointment today at 4pm to get Applecare+ too. Can't be too careful these days...