Agreed. Netbooks can do what the iPad can, the only difference is that Apple has got everyone excited and pumped because it just looks nicer and cleaner (GUI) but the functionality is the same but the iPad cost more. I'm pretty sure there will be some success because of the "low $499 price tag".
(If another company made something like this, a lot of people would saying how **** it was not "what did you expect a tablet to do?".)
I don't understand what there is to bitch about here.. Look at it from the media ebook standpoint. $489 buys me a kindle dx... for 10 bucks more i get an iPad... How is that a bad deal??