Actually, at the end of the day it means that developers won't be making any apps that would use the extra power.
I already have a computer for the real heavy duty stuff. The app store has been a success on the iPhone with it's slow processor. I'm finding that I wait on the network more than the processor anyway! I also wouldn't do any real high end photo editing on the iPad either. This device is for kicking back and ding the things you do on your iPhone but with a better visual experience. It's the first one.. The next one will most likely be faster but really, I have a dual 30 inch SSD RAID Mac Pro for the real stuff... The iPad has it's niche.