Overall, I like the product. If I didn't have an ipod touch, I would like to have an iPad. But, since I do, there's no reason to have both. The only people who will have both are : spoiled kids/maybe traveling businessmen/and obviously Apple-anything fans.
I honestly think this tablet would've soared tremendously if they released it before the ipod touch. Then it truly would be magical and groundbreaking. And the ipod touch could be released as more of a "pocket-portable" device, at an even lower cost, and it would sell well. But, I understand that they had to start with the ipod and build from there.
So, not really for ipod touch/iphone current owners, but definitely for a first time apple buyer. I'd love for that to be my first apple product. But it was semi-comical to watch the iPad video pretty much state all the things the ipod touch/iphone do as brand new and "magical". Like when the guy says, "if you want to show your friend the picture, just flip it and it goes to the correct orientation!" Something like that, but yeah, I was laughing really hard, thinking "...I never would've guessed, haha". That rumor about an ipod touch on steroids was dead on; very nice processor boost, graphics/screen boost, battery boost, and speaker improvement. If my ipod touch breaks in the next year or so, then I wouldn't mind getting an iPad. Until then, I'll use my miniature iPad. 🙂