1lb isn't portable? You need to get to the gym pronto.
Flash? Does the iPhone have flash? Has that hurt the iPhone's usability and sales?
Finally electronic newspapers and mags that look and read like their paper counterparts
Books that turn pages like you turn the pages on a book and w/o annoying flickering in between flips.
Viewing video on a decent sized screen
Viewing pictures w/o having to squint
Optional 3G service
That's not a media device to you? Not sure what other kind of media you are looking for Apple to cover. (BTW Flash is a format, not a type of media).
This is a fantastic product with so many uses my mind pops at all the possibilities.
When i was talking about portability i didn't mention weight. Its about the size as much as weight. Thats why many people prefer the 13" MBP.
Iphone doesn't have flash no but with a better processor and larger screen why wouldn't the iTab?
Newspapers and magazines, well i can buy a newspaper and once ive read it give it to someone else to read at work. Once i've read it how many times would i want to re-read it? Books would be the better use of the iTabs abilities.
Video viewing would be better on bigger screen yes
Photos is good too but would be better with higher resolution
Iphone has 3g as standard
Im aware flash isnt a type of media, never said it was
I didnt say it wasnt a media device, i said its not a massive leap from the iphone barring the ebook reader use.