Okay I'm sorry but I have NEVER understood this argument. Yes, we all want the latest and greatest but at some point you have to dive in and make a purchase. Considering the new iPad's probably won't be out until April-ish four months at the top of the tech tree for a product is actually pretty damn good these days. Just as a 'for instance' a brief and incomplete list of christmas presents that'll be outdated and replaced with something better/faster/more fashionable/more shiny within four months:
Desktop PC's, Laptop PC's, Televisions, Blu-Ray players, Tablet PC, PSP, Nintendo DS, Smartphones (hell, if you bought an Android device as a present it's probably outdated NOW), anything even close to fashionable clothes, hi-fi equipment, digital camera, golf clubs (actually most sports equipment), shoes.... the list goes on and on and on. You buy the best you can at the time you buy it and enjoy it. Virtually every new product these days is simply an incremental improvement at best anyway, actual revolutions are few and far between for existing kit.